Mia has $30 in a savings account that earns 5% annually. The interest is not compounded. How much will she have in 1 year?

asked May 1, 2022 74.3k views

15 votes

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7 votes

Answer:

He would have $31.5 after one year. If you multiply 30 by 1.05 (which represents 5% interest) you get 31.5

Explanation:

Eugene Bolshakov answered May 5, 2022

3.8k points

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