The answser is that you are not getting ahead.
2% or $500 is 2*500/100 = $10.
Then, if you keep the $500 you will earn $10 in a year.
But the bank is takind $2 each month, so definetly you will earn less than $10 in a year.
An dhte bank will take $2 * 12 = $ 24 from you in a year.
By earning less than $10 the first year and lossing $ 24 the same year you will end with less than $ 500 and every year you will se your money decreasing.
Answer:b. No.