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NEED A MATH TUTOR ASAP !!! tim has $20 in a savings account. The interest rate is 10% per year and is not compounded. How much will he have in 1 year ?
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NEED A MATH TUTOR ASAP !!!

tim has $20 in a savings account. The interest rate is 10% per year and is not compounded. How much will he have in 1 year ?

User Styrke
by
6.2k points

2 Answers

2 votes
The answer is $22 good luck!!
User Chan Myae Thu
by
6.2k points
1 vote

Answer:

$22

Explanation:

20 * 1.10 = 22

User Farski
by
5.7k points
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