Question

Mathmerica Bank offers 2.1% interest compounded yearly

if you open a savings account with them and invest a
minimum of $2,500 dollars.

Answer 1

Total = 2,500 (1.021)^t

Explanation:

There is no question but the formula for compound interest is

Total = amount (1 + rate)^time

Total = 2,500 (1.021)^t