Mr. Smith invested $2,500 in a savings account that earns 3%

Last updated: 7/19/2022

Mr. Smith invested $2,500 in a savings account that earns 3% interest compounded annually. He made no additional deposits or withdrawals. Which expression can be used to determine the number of dollars in this account at the end of 4 years? 2500(1+0.04)³ 2500(1+0.3)4 2500(1+0.03)4 2500(1+0.4)³