How much money will an account have if 600 is invested in an interest rate of 6.5 percent compounded annually for the 3 years?

To calculate the future value of an investment compounded annually, you can use the formula: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate, and ( n ) is the number of years. Here, ( P = 600 ), ( r = 0.065 ), and ( n = 3 ).

Plugging in the values:

( A = 600(1 + 0.065)^3 )

Calculating this gives ( A \approx 600(1.207135) \approx 724.28 ).

Therefore, the account will have approximately $724.28 after 3 years.