Oscar has a $2,500 balance on his credit card that accumulates 14.5% interest compounded annually. Which of the following could be used to find the balance on the card after 5 years?
A. A = 2500(1 + 0.145)5
A. , A... equals... 2,500... 1 plus 0 point 1 4 5 to the 5th power,
B. A = 2500 × 0.145 × 5
B. , , A.... equals... 2,500 times 0 point 1 4 5 times 5, ,
C. A = 2500(1 + 0.05)14.5
C. , , A... equals... 2,500.... 1 plus 0 point 0 5 to the 14 point 5 power, ,
D. A = 0.145(1 + 2500)5
