Asked by akarsha

Sheila opens a saving account with $80 that earns 1% interest per year, not compounded.
How much interest, to the nearest penny, will Sheila earn in 2 years? Give your answer in dollars.

I thought the answer was $81.60, but apparently it isn't correct.

Answers

Answered by oobleck
you did not read the question carefully. They did not ask for the account balance, but only the interest.
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