A savings account accrues interest at a rate of 3.0% yearly. If someone opens an account with $2,500, how much money would the account have after 5 years?

A.
$2,575.00
B.
$2,813.77
C.
$2,898.19
D.
$2,985.13



Answer :

It’s either b of i I think if not I hope you pass

Answer:

$2,898.00

Step-by-step explanation:

FV=2500(1.03)^5

FV=2500(1.159274)

FV=$2,898.00