Question

Mary invested 5000 into a bank account that was earning 2.5 percent interest compounded monthly. What would her exact account balance be after 3 years?

A) $5,388.16
B) $5,125.00
C) $5,389.00
D) $5,389.42

Answer 1

It can be D or C but i will go with D

Answer 2

I'll go with D.

Hope this helps.