shafro4 shafro4

23-03-2020
Mathematics

contestada

Kathy has savings a hundred thousand if she invested 100,000 in a saving fund thats adds 5% each year about how much will her saving account have after 20 years? ignore compounding and taxes and assume Kathy put no additional money into savings

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paolapau08 paolapau08

23-03-2020

Answer:200,000

Step-by-step explanation:

If it increases 5% every year in 20 years it will Have increased 100% therefore the number would have doubled

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