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Oscar has a $2,500 balance on his credit card that accumulates 14.5% interest compounded annually. Which of the following could be used to find the balance on the card after 5 years?


A. A = 2500(1 + 0.145)5

A. , A... equals... 2,500... 1 plus 0 point 1 4 5 to the 5th power,


B. A = 2500 × 0.145 × 5

B. , , A.... equals... 2,500 times 0 point 1 4 5 times 5, ,


C. A = 2500(1 + 0.05)14.5

C. , , A... equals... 2,500.... 1 plus 0 point 0 5 to the 14 point 5 power, ,

D. A = 0.145(1 + 2500)5

Sagot :

Answer:

a

Step-by-step explanation:

2500 x 1 = 2500

2500 x .145 = 362.5

2500 + 362.5 = 2,862.5

2,862.5 x 5 = 14,312.5