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7 July, 19:14

Preston has $30 in a savings account that earns 7% interest, compounded annually. To the nearest cent, how much interest will he earn in 1 year?

Answers (1)
  1. 7 July, 19:32
    0
    Step-by-step explanation:

    do 30x 1.07 is 32.10 dollars

    formula

    starting value x interest^no of years if shown
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