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

Boblin asked Jan 9, 2023

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19 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?

Boblin asked Jan 9, 2023

2.8k points

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15 votes

Answer:

1.58

Explanation:

its right

Adrien Neveu answered Jan 13, 2023

3.1k points

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