1000 divided by 100 is 10. 10 x 5 is 50. After the first year, Sue has 1050. But compound interest is interest on the amount AFTER the amount is added, so she will now earn interest on 1050. 1050 / 100 is 10.5. 10.5 x 52.50.
52.50 + 50 = 102.50. The answer is D. Hope this helps :)
Answer:
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Step-by-step explanation:
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Answer:
-3,694
I am not sure what in the world the rest means, so I am very sorry. I just subtracted some stuff. I have no clue if that helped...