Kevin has deposited money into a savings account. Choose the correct terms to complete each sentence.
Kevin deposits $100 into a savings account today. This is his
In one year, Kevin's money earns 5 percent. The $5 he
earns is
In one year's time, Kevin's money is worth $105. This is h
The interest Kevin earns
the first year will also earn interest in subsequent years. This is called

Question

03-10-2022
Mathematics

Answered

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Kevin has deposited money into a savings account. Choose the correct terms to complete each sentence.
Kevin deposits $100 into a savings account today. This is his
In one year, Kevin's money earns 5 percent. The $5 he
earns is
In one year's time, Kevin's money is worth $105. This is h
The interest Kevin earns
the first year will also earn interest in subsequent years. This is called

Sagot :

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