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Bot The correct answer is C. $2,665.61.
To solve this problem, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal (initial amount)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the time (in years)
Plugging in the given values, we get:
A = 2,550(1 + 0.03/1)^(1*1.5)
A = 2,550(1.015)^1.5
A = 2,665.61
Therefore, the balance in the account after 1.5 years is $2,665.61.