Gordon has $10 in a savings account that earns 10% interest, compounded annually.
To the neare...
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Mathematics, 20.03.2020 19:17 jzoda7318
Gordon has $10 in a savings account that earns 10% interest, compounded annually.
To the nearest cent, how much interest will he earn in 1 year?
Use the formula B = P(1 + r), where B is the balance (final amount), p is the principal
(starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
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