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Suppose you have $100 in a savings account earning 2 percent interest a year. After five years, would you have more than $102, exactly $102 or less than $102?

User Matt Innes
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I'm pretty sure it would be more than $102, because 2% of a hundred is $2, and if you get 2% interest a year for 5 years thats 10% which is $10. So that would make it $110, unless I'm doing it wrong. But I think more than would be right.. hope this helps.
User David Grayson
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I suppose exactly $102 for your answer.
User Vashum
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