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

what 3 numbers multiply to get 63?
Summarize the way plants store extra sugar
Describe and explain how petrol is separated from the mixture of hydrocarbons in crude oil?
write short notes on military dictatorship in Chile
do two-headed snakes really exist?
what are stalactites?
An object that is farther from a converging lens than its focal point always has an image that is _____.invertedvirtualthe same in sizesmaller in size
A 430 g football is lying on the ground, then is kicked and is moving at 25 m/s. If the duration of the impact was 0.0010 s, what was the average force on the b
If the supplement of an angle is two-third of itself ,then its supplement is
which one of the following sentence contains a predicate adjective