ericbylykbashi9 ericbylykbashi9
  • 25-07-2022
  • Mathematics
contestada

If my savings of $x grows 10% each year. how much will I have in: 2 years

Respuesta :

adioabiola
adioabiola adioabiola
  • 26-07-2022

The amount I'll have in two years at the growth rate described is; $1.21x.

How much will I have in 2 years?

Since it follows that the savings grow by 10% each year, it can be concluded that the growth factor is; 110% = 1.1

Hence, in two years, we have;

= $x × (1.1)²

= $1.21x.

Read more on growth factor;

https://brainly.com/question/3451703

#SPJ1

Answer Link

Otras preguntas

The length of a rectangle is 7 inches and the width is 2 inches. What is the ratio, using whole numbers, of the length to the width?
Contemporary American building bricks are rectangular blocks with the standard dimensions of about 5.7 cm by 9.5 cm by 20.3 cm.What is the volume to the nearest
why the nile river no longer overflows its banks?
the tail on Alex's dog is 51/4 inches long. This length is between which two inch-marks on a ruler?
What is domain and range
Archie rolls two number cubes, each with sides numbered 1 through 6. He finds the sum of the numbers on the tops of the cubes. Whaf two sums have the probabilit
p = 3n+3ui need to solve for n
Which pronoun best completes the sentence? How is the pronoun used? Answers: B. Her: direct object  D. Her: indirect objectDid you tell Christine and __________
water tank a has a capacity of 550 gallons and is 66 percent full. water tank b is 53 percent full. the ratio of the capacity of tank a to tank b is 11:15A: how
what is a word phrase for the expression r-31