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Omar has $200\$200 in a savings account that earns 10%10\% annually. The interest is not compounded. How much will he have in total in 11 year? Use the formula i=prti = prt, where ii is the interest earned, pp is the principal (starting amount), rr is the interest rate expressed as a decimal, and tt is the time in years. $\$_____

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Q. Omar has $200\$200 in a savings account that earns 10%10\% annually. The interest is not compounded. How much will he have in total in 11 year? Use the formula i=prti = prt, where ii is the interest earned, pp is the principal (starting amount), rr is the interest rate expressed as a decimal, and tt is the time in years. $\$_____
  1. Convert to Decimal: Step 11: Convert the annual interest rate from a percentage to a decimal.\newlineCalculation: 10%=0.1010\% = 0.10
  2. Calculate Interest Earned: Step 22: Use the formula i=prti = prt to calculate the interest earned in one year.\newlineCalculation: i=200×0.10×1i = 200 \times 0.10 \times 1
  3. Calculate Total Amount: Step 33: Calculate the total amount in the account after one year by adding the interest earned to the principal.\newlineCalculation: Total = 200+(200×0.10)200 + (200 \times 0.10)

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