James put $1000 in a 2-year cd paying 7% interest, compounded monthly. after 2 years, he withdrew all his money. what was the amount of the withdrawal?     a.$1149.81  b.$1155.18  c.$1000.00  d.$1556.18

1149.81 is the answer

This is what i found “an explicit formula designates the nth term of the sequence, as an expression of n (where n = the term's location). it defines the sequence as a formula in terms of n. this example is an arithmetic sequence(the same number, 5, is added to each term to get to the next term).” i hope this you for what your looking for. can you plz mark me brainliest?