Using the compound interest formula;
[tex]A=P(1+\frac{r}{n})^{nt}[/tex]
where p is the principal
r is the rate
t is the time
n is the number of time it is compounded
P = $2500
r = 0.065
n = 1
t = 2
substitute into the formula
[tex]A=2500(1+\frac{0.065}{1})^{1\times2}[/tex][tex]undefined[/tex]
