3 years ago

What would be the value of $100 after 10 years if you earn 11 percent interest per year

1 answer:

5 0

10 times 11% is 11 dollars, so 11 times 10 equals 110. Then 110 plus 100 equals 210. So you'd have $210 after ten years with 11 percent interest.

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See the picture attached to better understand the problem

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