Christina opened a savings account and deposited $200 as principal. the account earns 6% interest, compounded annually. What is
the balance after 6 years?
2 answers:
Answer:After 6 years the balance is 283.70
Step-by-step explanation:
6%/100 = 0.06
$200*0.06 = $12
6years* $12 = $72
200+72= 272
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