ZivW330199 ZivW330199

03-11-2022
Mathematics

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If you have $200 today to invest and you find an account that earns 5% how much will you have in 1 year?

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ZahriahC338091 ZahriahC338091

03-11-2022

First, we need to compute how much is 5% of $200

[tex]200\text{ \$}\cdot\frac{5}{100}=10_{}\text{ \$ }[/tex]

Then, after a year you will earn $10, and you will have $200 + $10 = $210

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