Kathy has savings a hundred thousand if she invested 100,000 in a saving fund thats adds 5% each year about how much will her sa

Question

3 years ago

13

ving account have after 20 years? ignore compounding and taxes and assume Kathy put no additional money into savings

1 answer:

jok3333 [9.3K] · Answer 1 · 2022-07-27T07:59:03+03:00

5 0

Answer:200,000

Step-by-step explanation:

If it increases 5% every year in 20 years it will Have increased 100% therefore the number would have doubled