$100 earning 2% interest a year after 5 years how much would you have?

asked Oct 28, 2021 111k views

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5 votes

The answer should be 110.41

Ton Torres answered Oct 30, 2021

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Answer:

TOTAL = principal * (1 + rate) ^ years

Total = 100 * 1.02 ^ 5

Total = 100 * 1.1040808032

Total = 110.41

Explanation:

TheSpyCry answered Nov 3, 2021

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