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Mathematics, 15.06.2021 01:00 michellemonroe012305

Mr. Smith invested $2,500 in a savings account that earns 3% interest compounded annually. He made
no additional deposits or withdrawals. Which
expression can be used to determine the number o
dollars in this account at the end of 4 years?
1) 2500(1+0.03)
2) 2500(1+0.3)
3) 2500(1 +0.04)
4) 2500(1+0.4)

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Answers: 1

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