John has $2500 in his bank account that earns 10% interest every year. How much will be in John's bank account after one year?\nOptions:\n(A) $2600\n(B) $3000\n(C) $2250\n(D) $2750\n(E) $3500
Step-by-step reasoning:
(D)
Final number = Initial number + 20%(original number) = 2500 + 10%(2500) = 2500 + 250 = 2750.

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Thus, the answer is (D)