sndnd11benee sndnd11benee
  • 20-05-2021
  • Mathematics
contestada

Deb deposited $70 in a savings account earning 10% interest, compounded annually.
To the nearest cent, how much will she have in 3 years?

Respuesta :

jwu4444 jwu4444
  • 20-05-2021

Answer:

Deb will have $93.17 in 3 years

Step-by-step explanation:

FV = P(1 + r)^n

FV = 70(1+0.1)^3

FV = 70(1.331)

FV = 93.17

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