bevesims bevesims
  • 30-04-2020
  • Mathematics
contestada

$100 earning 2% interest a year after 5 years how much would you have?

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wolf1728
wolf1728 wolf1728
  • 30-04-2020

Answer:

TOTAL = principal * (1 + rate) ^ years

Total = 100 * 1.02 ^ 5

Total = 100 * 1.1040808032

Total = 110.41

Step-by-step explanation:

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coolkidd321
coolkidd321 coolkidd321
  • 30-04-2020
The answer should be 110.41
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