Kai051 Kai051
  • 18-03-2021
  • Mathematics
contestada

Krysta has $100 in a savings account that earns 5% annually. The interest is not
compounded. How much interest will she earn in 2 years?

Respuesta :

rijarafiquee
rijarafiquee rijarafiquee
  • 18-03-2021

Answer:

$225

Step-by-step explanation:

100 x 0.5

= 50 interest rate

100 + 50 = 150

Year two :

150 x 0.5

= 75

She will have $225 in her account in two years.

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