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Dana has $70 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much interest will she earn in 1 year? Help

Dana has $70 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much interest will she earn in 1 year? Help
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Dana has $70 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much interest will she earn in 1 year?

Help

User Chemary
by
8.2k points

1 Answer

1 vote

Answer:$60

Explanation:

User Nolen Royalty
by
8.0k points
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