Complete question :
i put $100 in a savings account at v% yearly interest. How much money will i have in my account at the end of the year
Answer:
100 + v
Step-by-step explanation:
Given that:
Interest yearly = v%
Amount deposited = principal = $100
Amount earned at the end of the year:
A = P(1 + rt)
A = 100(1 + 0.01v)
A = 100 + v
Where A = final amount
Final amount at the end of the year = 100 + v
