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Cara has $80 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will she have in two years? Use the formula B= p(1+r) ^t

Cara has $80 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will she have in two years? Use the formula B= p(1+r) ^t
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Cara has $80 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will she have in two years? Use the formula B= p(1+r) ^t

asked
User Yee
by
7.2k points

1 Answer

2 votes

Answer:

$88

Explanation:

answered
User Jive Boogie
by
9.2k points
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