Question

HELPPP !!! Lennon is depositing $1,250 in a bank account that earns 4% compounded annually. After 2 years , how much will Lennon have in his account ?

A 1350
B 1352
C 1250
D 1300​

Answer 1

A) 1350

Explanation:

4% of $1250 is 50 dollars.after 2 years the amount should be 100 dollars added