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Kevin has $100 in a savings account that earns 10% annually. The interest is not compounded. How much will he have in 2 years?

Kevin has $100 in a savings account that earns 10% annually. The interest is not compounded. How much will he have in 2 years?
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23 votes
Kevin has $100 in a savings account that earns 10% annually. The interest is not compounded. How much will he have in 2 years?

asked
User Navaneeth K N
by
7.8k points

1 Answer

5 votes
He will have 220 that is how much he will have
answered
User Laura Silvani
by
8.7k points
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