zerpen zerpen
  • 05-02-2022
  • Mathematics
contestada

Ernesto deposited $10 in a savings account earning 10% interest, compounded annually.

To the nearest cent, how much interest will he earn in 2 years?

Respuesta :

keighleydudley
keighleydudley keighleydudley
  • 05-02-2022

Answer:

$2.10

Step-by-step explanation:

10 X 1.1^2 = 12.10

12.10 - 10 = 2.1

Answer Link

Otras preguntas

How do you figure this out?
a gold nugget has a density of 38.6g/cm3 and a mass of 270.2. what is its volume?​
which statements must be true check all that apply consider the reflection of triangle ABC across the line of reflection line PT
What is the acceleration of a 1,000 kg car pushed with a force of 12,000 N?
Describe the climate of Bangladesh. What natural calamities do the people of Bangladesh face?
Which geographical factors helped Viking attackers gain access to European settlements? Select all that apply.
What lowered conformity rates in Sachs study
why period happens (girls)
Samantha wants to invest her funds and is seeking professional expertise for making investment choices for her. Which investment type has she selected? A. Mutu
44.1 = 4.9p what does “p” equal