Respuesta :

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.

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