Question

Matt's savings account earns 2% interest each year. He had $200.00 in his savings account

at the beginning of the first year. If he did not deposit or withdraw any money, what is the
value of Matt's savings account at the end of the second year?

Answer 1

204

Explanation:

2% of 200 is 2 so after second year it will be 200,+2+2 that is 204

Answer 2

208.08

Explanation:

math