Can someone tell me how to work out this problems and ones similar to it? Jack has $16 in a savings account. The interest rate is 5% per year and is not compounded. How much will he have in 1 year?
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Home » Mathematics » Can someone tell me how to work out this problems and ones similar to it? Jack has $16 in a savings account. The interest rate is 5% per year and is not compounded. How much will he have in 1 year?