Question

Lyanna opens a bank account with a deposit of $200. She earns 3%
interest per year. How much money will Lyanna have in her account after
the first year?

Answer 1

Answer:

$206

Step-by-step explanation:

Lyanna will earn 3% on her capital within 1 year.
In total, she will have 103%.
$200 x 103% = $206