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11-10-2021
Mathematics

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Sophie has $200 in a savings account that earns 5% annually. The interest is not
compounded. How much will she have in total in 1 year?

Respuesta :

11-10-2021

Answer:

$210

Step-by-step explanation:

Formula:

P = A (1 + r% x t)

P: Answer

A: Original value

R%: Percentage increase

T: Time

P = 200 (1 + 5% x 1)

P = $210

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