Using the compound interest formula, answer this question:

sandy sold some baseball cards and put the $300 profit into a savings account at 2.5%, compounded daily. how much money will she have in a year? round to the nearest dollar.

a. $303
b.$308
c.$305
d.$310

Option B.  

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

substitute in the formula above  

Round to the nearest dollar

b

step-by-step explanation:

u take $75 minus $60.the anwer/original($75)multiply by 100