document.write( "Question 1040113: Layla has $30 in a savings account. The interest rate is 5%, compounded annually.\r
\n" ); document.write( "\n" ); document.write( "To the nearest cent, how much interest will she earn in 2 years?
\n" ); document.write( "

Algebra.Com's Answer #654911 by Boreal(15235)\"\" \"About 
You can put this solution on YOUR website!
It is A=30(1+.05)^2
\n" ); document.write( "That is 30*1.1025=33.075 or $33.08
\n" ); document.write( "That is $3.08 interest
\n" ); document.write( "
\n" );