alexalaguna511 alexalaguna511

23-03-2020
Mathematics

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Max has $30 in a savings account. The interest rate is 10%, compounded annually. How much will he have in 2 years ?

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luis5132000 luis5132000

23-03-2020

Answer: $66

Step-by-step explanation:

You will first do:

1) $30 + 10% = $33

Then times that by two years:

2) $33 x 2 = $66

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