Question

Andrew has $350 in the bank. The bank will add 5% of that amount each year to his account.

How much money will he have in the account in one year?
$17.50
$332.50
$367.50
$385

Answer 1

$17.50

Explanation:

$350 * 5

5 - 0.5

350 * 0.5 =175

$17.50

Answer 2

I’m pretty sure the answer is A 17.50
The rest just seem to much