archkris4973 archkris4973
  • 13-05-2020
  • Mathematics
contestada

Austen has $20 in a savings account that earns 5% annually. The interest is not

compounded. How much interest will he earn in 1 year?

Respuesta :

boneshat1 boneshat1
  • 14-05-2020

20x(5/100)=1

That is the interest after one year

Add to the principal:20+1=21

Answer Link

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