lily2049 lily2049
  • 13-05-2020
  • Mathematics
contestada

haley has $20 in a savings account that earns 10% annually. the interest is not compounded. how much will she have in 2 years

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earthgirlgoddess
earthgirlgoddess earthgirlgoddess
  • 13-05-2020

Answer:

240

Step-by-step explanation:

1 percent=10 dollars

10 percent=100 dollars

=120 dollars in one year

times 2 [2x]=

240

Check:

10 times 10=100 dollars

100+20=120

x2=

120+120 or 120 times 2=

240

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