SOLUTION: Sara opens a bank account with $200. The account accrues 2% interest compounded annually.
How much money, to the nearest cent, will she have in her account at the end of 3 years
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Question 822618: Sara opens a bank account with $200. The account accrues 2% interest compounded annually.
How much money, to the nearest cent, will she have in her account at the end of 3 years? (Use the formula
Answer by oscargut(2103) (Show Source): You can put this solution on YOUR website!
A = 200(1.02)^3 = 212.24
Answer 212.24
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