Answer:
The correct option is D
The accumulated interest after 10 years is $2,125.00
Explanation:
We have the following parameters:
Principal (P) = $2,500
Rate (R) = 8.5%
Time (T) = 10 years
To calculate the interest after 10 years, we use the formula:
[tex]A=\frac{PRT}{100}[/tex]
[tex]\begin{gathered} A=\frac{2500\times8.5\times10}{100} \\ \\ =2125 \end{gathered}[/tex]
The interest is $2,125
