3. Julio deposited $3,000 in a savings account that pays 2.5% interest compounded annually. What is the total value of the account after 4 years? A $3,311.44 C $3,117.18 B $3,300.00 D $3.075.00 I

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asked Sep 25, 2022 227k views

3 votes

3. Julio deposited $3,000 in a savings

account that pays 2.5% interest
compounded annually. What is the total
value of the account after 4 years?
A $3,311.44
C $3,117.18
B $3,300.00
D $3.075.00
I

Mathematics
college

Aman Kumar Gupta asked

by Aman Kumar Gupta

8.1k points

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1 Answer

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2.5/100x3,000 =$3,300.00

Samuel Adam answered Sep 30, 2022

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