Q: John has $2500 in his bank account that earns 10% interest every year. How much will be in John's bank account after one year?
Options:
(A) $2600
(B) $3000
(C) $2250
(D) $2750
(E) $3500 Let's give some random thoughts before answering.
Final number = Initial number + 20%(original number) = 2500 + 10%(2500) = 2500 + 250 = 2750.
Therefore, the answer is (D).