danielstecher1313 danielstecher1313

22-06-2019
Mathematics

contestada

Austin has $80 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will he have in 2 years?

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hienh4517 hienh4517

22-06-2019

p= 80( 1+ 0.05/1) ^2(1)
p= 88.2

Hope this helps! If you can, can you mark me as brainliest? I really appreciate it.

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