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Olivia has $60 in a savings account. The interest rate is 5% compounded annually. To the nearest cent how much interest will she earn in 2 years

User Mweirauch
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Answer: She will earn 6 dollars in two years!

Step-by-step explanation: 10% of 60 is 6 because 10 sixes make up 60.

Hope this helps, if not, comment below please!!!

User JineshEP
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