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Danielle has 10$ in a savings account that earns 5% interest, compounded annually. To the nearest cent, how much will she have in 3 years?

Danielle has 10$ in a savings account that earns 5% interest, compounded annually. To the nearest cent, how much will she have in 3 years?
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1 vote
Danielle has 10$ in a savings account that earns 5% interest, compounded annually. To the nearest cent, how much will she have in 3 years?

User Peeyush Goela
by
8.4k points

2 Answers

6 votes

Answer:

she will have 16.43 dollars in 3 years

User Zerocog
by
8.4k points
5 votes

Answer:

$11.5

Explanation:

User Gvlasov
by
7.9k points
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