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Rachel deposited $10 in an account earning 5% interest compounded annually. To the nearest cent, how much interest will she earn in 3 years?

Rachel deposited $10 in an account earning 5% interest compounded annually. To the nearest cent, how much interest will she earn in 3 years?
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3 votes
Rachel deposited $10 in an account earning 5% interest compounded annually.

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

User Grant Sutcliffe
by
8.0k points

1 Answer

13 votes

Answer:

1.58

Explanation:

its right

User Fidi
by
8.5k points
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