Mathematics
Mathematics, 07.05.2021 19:10, haitch

Linda deposited $10 in a savings account earning 5% interest, compounded annually. To the nearest cent, how much interest will she earn in 1 year?

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.

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Linda deposited $10 in a savings account earning 5% interest, compounded annually. To the nearest...

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