Greta has $6 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much interest will she earn in 2 years?

asked May 20, 2022 11.6k views

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Greta has $6 in a savings account. The interest rate is 5%, compounded annually.

To the nearest cent, how much interest will she earn in 2 years?

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6x5=30 2 years =730 days 730x30= 21,900

Hazzit answered May 27, 2022

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