Mathematics, 14.04.2021 19:00 Harms

Mark opened a savings account with an initial deposit of $2,500 and will not make any additional deposits or withdrawals. The account earns 12.5% compound interest. What is the balance of the account at the end of 5 years? Round your answer to the nearest cent (to the nearest hundredth).

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Mark opened a savings account with an initial deposit of $2,500 and will not make any additional deposits or withdrawals. The account earns 12.5% compound interest. What is the balance of the account at the end of 5 years? Round your answer to the nearest cent (to the nearest hundredth).​

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Mark opened a savings account with an initial deposit of $2,500 and will not make any additional deposits or withdrawals. The account earns 12.5% compound interest. What is the balance of the account at the end of 5 years? Round your answer to the nearest cent (to the nearest hundredth).