Question

Dan deposits $2,500 in an account that earns an interest rate of 4% compounded annually. What is the balance in the account at the end of 10 years? A) $2,800.45 B) $3,112.85 Eliminate C) $3,700.61 D) $3,935.58

Answer 1

Answer:

C)3,700.67

Step-by-step explanation:

2500×4/100=100$ per year.

100×10=1000

2500+1000=3500$( this is my answer )

I almost found this. The closest is 3,700,67

Good lessons! Brainliest me.