Katie has $20 in a savings account that earns 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?

asked Apr 5, 2021 148k views

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Katie has $20 in a savings account that earns 10% interest, compounded annually.

To the nearest cent, how much interest will she earn in 3 years?

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Answer

19.86

Explanation:

Robert Grezan answered Apr 7, 2021

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4 votes

Answer:

In 3 years she will make $6.44.

Explanation:

DzITC answered Apr 8, 2021

by DzITC

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