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Lacey deposited $30 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?

Lacey deposited $30 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?
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19 votes
Lacey deposited $30 in a savings account earning 10% interest, compounded annually.

To the nearest cent, how much interest will she earn in 3 years?

User Nadeem Ahmad
by
8.2k points

1 Answer

1 vote

Answer:

$9.93

Explanation:

Lacey would earn $9.93 in interest

User Jack
by
7.6k points
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