2,500 principal earning 3% compounded annually after 4 years

Step-by-step explanation:

Given principal amount = 2,500.

Rate of interest = 3% compounded annually.

Time in years = 4 years.

We know, compound interest formula is given by

, where A is the final amount, P is the principal amount, r is the rate of interest and t is the time in years.

Plugging P = 2500, r= 3% that is 0.03 and t= 4 in above formula, we get

144.50

step-by-step explanation:

21.5 x 13.4=288.10 divide by 2