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Christine has $90 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much interest will she earn in 3 years?
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Jul 24, 2022
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Christine has $90 in a savings account. The interest rate is 5%, compounded annually.
To the nearest cent, how much interest will she earn in 3 years?
Mathematics
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Hegemon
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Answer: $13.5
Explanation:
90 x 5% = 4.5 x 3 = 13.5
Verran
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Jul 29, 2022
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