Mr.perkins has $120 in a savings account .the interest rate is 5% per year and it is not compounded how much will he have in 2 years

asked Sep 17, 2022 22.1k views

17 votes

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6 votes

in two years it shld he around 132.5. I think I’m not too sure

BlackShift answered Sep 19, 2022

5.4k points

9 votes

Answer:

The answer is $132

Explanation:

120+ (5% of 120) (2)

120+(6)(2)

120+12

=132

Ractiv answered Sep 21, 2022

5.3k points

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