Question

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

Answer 1

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