Based on the information given his investment be worth after five years is: $3,093.16.
Future value
Using this formula
FV (5) =Principal×(1+Rate)^ Time
Where:
Principal=$2,500
Rate=4.35%
Time=5 years
Let plug in the formula
FV (5) = $2,500 x( 1+.0435)^5
FV (5) = $2,500 x( 1.0435)^5
FV (5) = $3,093.16
Inconclusion his investment be worth after five years is: $3,093.16.
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