Amy has $90 in a savings account. The interest rate is 10 % per year and is not compounded. How much will she have in total in 2 years? Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years. $_____

Initial Amount and Rates: Amy's starting amount (principal) is $90, and the interest rate is 10% per year, which is 0.10 as a decimal. The time is 2 years. Calculate Interest: Use the formula i = prt to calculate the interest. So, i = $90 * 0.10 * 2. Interest Calculation: Calculate the interest: i = $90 * 0.10 * 2 = $18. Total Amount Calculation: Add the interest to the principal to find the total amount after 2 years. Total = $90 + $18. Final Total Calculation: Calculate the total: Total = $90 + $18 = $108.

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Amy has $\$90$ in a savings account. The interest rate is $10\%$ per year and is not compounded. How much will she have in total in $2$ years? $\newline$ Use the formula $i = prt$ , where $i$ is the interest earned, $p$ is the principal (starting amount), $r$ is the interest rate expressed as a decimal, and $t$ is the time in years. $\newline$ $\$$ $\_\_\_\_\_$

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Q. Amy has

\$90

in a savings account. The interest rate is

10\%

per year and is not compounded. How much will she have in total in

2

years?

\newline

Use the formula

i = prt

, where

i

is the interest earned,

p

is the principal (starting amount),

r

is the interest rate expressed as a decimal, and

t

is the time in years.

\newline

\$

\_\_\_\_\_

Initial Amount and Rates: Amy's starting amount (principal) is \$$90$, and the interest rate is $10\%$ per year, which is $0.10$ as a decimal. The time is $2$ years.
Calculate Interest: Use the formula $i = prt$ to calculate the interest. So, $i = (\$90) \times 0.10 \times 2$.
Interest Calculation: Calculate the interest: $i = (\$90) \times 0.10 \times 2 = (\$18)$.
Total Amount Calculation: Add the interest to the principal to find the total amount after $2$ years. Total = $\$90$ + $\$18$.
Final Total Calculation: Calculate the total: Total = $\$90$ + $\$18$ = $\$108$.