Question

11 Megan has $500 in her savings account. The interest rate is 7%, which is not compounded. How much money in dollars) will she have in her account after 5 years? Write the correct
answer.

Answer 1

Answer:

701

Step-by-step explanation:

At the end of 5 years, your savings will have grown to $701.

You will have earned in $201 in interest.

answer.