Question 1061516

Hello! Could you please help me with the following problem? If you could give me steps and show your work, that would be great. 

You invest an initial $1,000 in an account that has an annual interest rate of 2.5%, compounded annually. How much money will you have in the account after 6 years? Round your answer to the nearest whole number.
<pre>Correct amount in account after 6 years: {{{highlight_green(matrix(1,8, "$1,159.69", "======>", "$1,160", "(rounded", to, nearest, whole, "dollar)"))}}}