Question

If my savings of $x grows 10% each year, how much will I have in 1 year?

Answer 1

1.1x

Explanation:

goodluck

Answer 2

Answer: $1.1x

Explanation:

• x = your saving at beginning of year
• 10% = 0.1

At the end of year 1, it will increase by 10%:

`x+0.1x=x(1+0.1)=1.1x`