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Joey started a bank account 5 years ago with $100 in it. he now has $1000 in the account. whats is the percenatge increase
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5 votes
Joey started a bank account 5 years ago with $100 in it. he now has $1000 in the account. whats is the percenatge increase

User Loc Phan
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1 Answer

3 votes
That would be a 200% per year increase.
If you were to choose an annual interest rate you would need 58.4893 % compounded annually.


User Alexspeller
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