Jdmula2x2 Jdmula2x2

14-11-2022
Mathematics

Answered

Evelyn deposited $90 in an account
earning 10% interest compounded
annually.
To the nearest cent, how much interest
will she earn in 1 year?
Use the formula B = p(1 + r)², where B is
the balance (final amount), p is the
principal (starting amount), r is the
interest rate expressed as a decimal, and t
is the time in years.

Answer :

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