You have $10,000 invested that grows annually at a rate of 2%. How much money will be in your account after one year?

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asked Aug 4, 2021 164k views

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You have $10,000 invested that grows annually at a rate of 2%. How much money will be in

your account after one year?

Mathematics
middle-school

Tony Bao asked

by Tony Bao

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2 Answers

2 votes

Answer:

10200

Explanation:

10,000*.02= 200

200+10,000=10,200

Rozie answered Aug 6, 2021

by Rozie

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5 votes

Answer:

10,200

Explanation:

You multiply 10,000 by 1.02

Jaykesh Patel answered Aug 10, 2021

by Jaykesh Patel

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