Answer:
$10,212.50
Step-by-step explanation:
We'll use this formula: A = P(1 + rt)
A = Final amount
P = Starting amount (10,000)
r = rate (0.005)
t = time in years (4.25)
A = 10,000(1 + 0.005 x 4.25)
A = 10,000(1 + 0.02125)
A = 10,000(1.02125)
A = 10,212.5
