Susan deposited $10 in a savings account earning 5% interest, compounding annually. to the nearest cent, how much interest will
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Answer:
Step-by-step explanation:
In order to find the value of n that satisfies this equation, we can perform a series of algebraic steps on it to solve for n.
- <em>Distribute in the 8 on the left side:</em>
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<em> </em>
- <em>Add 4n to both sides</em>
- <em>Add 16 to both sides</em>
- <em>Divide both sides by 20</em>
Therefore, n=1 is the value of n that satisfies this equation.
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