Mathematics, 21.05.2021 21:20 Buttercream16
Elizabeth has $50 in a savings account that earns 10% interest, compounded annually.
To the nearest cent, how much interest will she earn in 3 years?
Use the formula B = p(1 + r)t, 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.
Answers: 1
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Elizabeth has $50 in a savings account that earns 10% interest, compounded annually.
To the nearest...
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