Answer:
3132
Explanation:
2.2% of 3500 is 77 which leaves you with 3423 after one year. At this rate you can take 2.2% of 3423. using this formula five times you reach a final answer of 3132.
3500
-77
3423
-75.306
3347.694
-73.649268
3274.044732
-72.028984104
3202.0157479
-70.4443464538
3131.57140145
and rounding up to a whole leaves you with 3132