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  • 22-10-2020
  • Mathematics
contestada

Darrell has 92,362 dollars in a savings account the interest rate is 10% and is not compounded how much interest will her earn in 5 years

Respuesta :

hannah03perry hannah03perry
  • 22-10-2020

Answer:

she earned 56,387.9244

Step-by-step explanation:

basically you will take the starting number and times that by .10

once you have that number (9236.2) you then add it to your starting number (92,362)

you do the same process for each year. In the end, you should have 148,749.924 you then subtract your starting number (92,362) to find how much interest she earned.

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