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Karen has 60 dollars in a savings account. the interest rate is 10% and is not compounded. how much will she have in 1 year​

Karen has 60 dollars in a savings account. the interest rate is 10% and is not compounded. how much will she have in 1 year​
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5 votes
karen has 60 dollars in a savings account. the interest rate is 10% and is not compounded. how much will she have in 1 year​

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User RafaelTSCS
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8.3k points

1 Answer

4 votes
$66. 10% of $60 is $6, so add that to $60.
answered
User Caco
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7.9k points
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