jake invested $800 in a savings account at a 2.5% annual interest rate. He made no deposits or withdrawals on the account for 2 years. The interest was compounded annually. Find, to the nearest cent, the balance in the account after 2 years.

Respuesta :

Answer:

$840.5

Step-by-step explanation:

x=800[tex](1.025)^{2}[/tex]

x=840.5