Question

Seth worked a summer job at a camp. His salary accumulated all summer and at the end of the

summer he deposited $1890 in a savings account at 3.5 percent interest for 2.5 years. What was the total amount of money in the account at the end of this time?
$2106.25
$2450.00
$2762.50
$2055.38

Answer 1

Answer is D using A = Pe^(rt).