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Katie has $20 in a savings account that earns 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?

Katie has $20 in a savings account that earns 10% interest, compounded annually. To the nearest cent, how much interest will she earn in 3 years?
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Katie has $20 in a savings account that earns 10% interest, compounded annually.

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

asked
User Eroomydna
by
8.3k points

2 Answers

0 votes

Answer

19.86

Explanation:

answered
User Robert Grezan
by
8.0k points
4 votes

Answer:

In 3 years she will make $6.44.

Explanation:

answered
User DzITC
by
8.2k points
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