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History, 10.11.2020 20:30 TerronRice
80 points and brainlest if you can answer all of them
1)According to the table, what has the investor done with money earned through interest?
2)Describe how compound interest works?
3)According to the table, if the interest rate on this account were 10 percent, how much money would you have in the account at the end of the first year?
A)$110.00
B)$75.00
C)115.25
4)According to the table, if you added $50.00 to this account every year, what effect would it have on the interest rate that you earned?
5)According to the table, the investment has doubled in worth by the start of which year?
6)Identify the three uses of money and give an example of each.
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Answers: 1
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80 points and brainlest if you can answer all of them
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