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Jamar deposited $200 into a savings account. The account earns 2.5% annual compound interest. If your mom makes no additional deposits or withdrawals, how much interest will he have earned at the end of
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Jamar deposited $200 into a savings account. The account earns 2.5% annual compound interest. If your mom makes no additional deposits or withdrawals, how much interest will he have earned at the end of 20 years?

User Manveti
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4.1k points

1 Answer

6 votes

Answer:

10,000

Explanation:

200* (2.5*20)

User Ingo Karkat
by
3.5k points
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