EnderBrine3662 EnderBrine3662
  • 24-02-2021
  • Business
contestada

If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?

Respuesta :

Аноним Аноним
  • 24-02-2021

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

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