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astra-53 [7]
2 years ago
6

PLEASE HELP ME!John invests $2,975 at 4% interest compounded annually. What will be the balance in the account after 2.5 years?

(1 point)
$3,272.50
$3,281.48
$5,493.86
$7,735.00
Mathematics
2 answers:
ch4aika [34]2 years ago
8 0
2975(1+0.04)^2.5=???? Hope it helps :-)
Citrus2011 [14]2 years ago
7 0
2975✖️.04= 119
119✖️2.5=297.5
2975+297.5=3,272.50
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