Register

Lacey deposited $30 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?

Lacey deposited $30 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?
asked 73.8k views
19 votes
Lacey deposited $30 in a savings account earning 10% interest, compounded annually.

To the nearest cent, how much interest will she earn in 3 years?

asked
User Nadeem Ahmad
by
8.2k points

1 Answer

1 vote

Answer:

$9.93

Explanation:

Lacey would earn $9.93 in interest

answered
User Jack
by
7.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!