Asked by Agala

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

• $3,272.50****
• $3,281.48
• $5,493.86
• $7,735.00

Am I Correct?

Answers

Answered by Steve
see your other post in the related questions below.
Answered by John
PUT THE WHOLE TEST
Answered by Hewo
The answers

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Answered by Student Teacher
The correct answer is $3,281.48
Every other site shows $3,272.50 as the correct answer. It is NOT that.
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