Question

Florence has $100 in a savings account.The interest rate is 10% per year and is not compounded.How much interest will she earn in 1 year?

Answer 1

Answer is: $10 in 1 year.

Answer 2

Answer: $10 in 1 year.

Step-by-step explanation: Divide 100 by 10. 10% of 100 is 10. $10.