Question

Simon deposits $400 in an account that pays 3% interest compounded annually. What is the balance of Simon’s account at the end of 2 years?

A) 424.36 B) 524.56 C) 545.36 D) 456.36

Answer 1

$\huge\underline\bold\red{Answer}$

424.36

Answer 2

424.36 .........................