Question: Question 2 0 . 5 p t s 2 . Suppose you save $ 1 0 0 in the bank. You would earn an interest

Question 2
0.5pts
2. Suppose you save $100 in the bank. You would earn an interest of $5 after the 1st year. If your bank provides you with the compound interest, what is the amount of interest you would earn after 3 years?
More than $15.
Equal to $15.
Less than $15.
Cannot be determined unless the interest rate is told.
Question 2 0.5pts 2. Suppose you save $100 in the bank.

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