$265.23
Option B is correct
Explanation:The compound interest, r = 3%
r = 3/100
r = 0.03
The interest is compounded annually
Number of times the interest is compounded annually, n = 1
The initial investment, P = $250.00
Time, t = 2 years
The amount in the account after 2 years is calculated below
[tex]\begin{gathered} A=P(1+\frac{r}{n})^{nt} \\ A=250(1+\frac{0.03}{1})^{1)2)} \\ A=250(1.03)^2 \\ A=250(1.0609) \\ A=265.225 \\ A=265.23 \end{gathered}[/tex]The amount that will be in the account at the end of two years is $265.23
