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Charlie has $90 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much interest will he earn in 2 years?

Charlie has $90 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much interest will he earn in 2 years?
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Charlie has $90 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much interest will he earn in 2 years?

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User Phaas
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7.6k points

1 Answer

7 votes

hi! so i tried to solve this one for you, let me know if it is right..! have a great day

Charlie has $90 in a savings account. The interest rate is 10%, compounded annually-example-1
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User David Hollinshead
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