Mrs. Garcia deposited $2500 into a new bank account. The bank pays 1.5% interest compounded annually on this account. She makes
no additional deposits or withdrawals. How much is in her account at the end of 2 years?
Step-by-step explanation pls! :)
2 answers:
Answer:
$2575.5625
Step-by-step explanation:
2500*(1.015)^2
=$2575.5625
PLS GIVE BRAINLIEST
1st Year 2500*1.015=2537.5
2nd Year 2537.5*1.015=2575.5625
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