Kevin has deposited money into a savings account. choose the correct terms to complete each sentence. kevin deposits $100 into a savings account today. this is his . in one year, kevin’s money earns 5 percent. the $5 he earns is . in one year’s time, kevin’s money is worth $105. this is his . the interest kevin earns in the first year will also earn interest in subsequent years. this is called .

Answer

In series, the answer of 'this is his' is:

Principal AmountInterestTotal amount Compound interest

Explanation:

Kevin deposit $100 in a savings bank account, this is his principal. Principal is the initial amount that a person deposit in his account. Kevin's money earn 5 percent. the $5 he earn is the interest. Interest is the earning that a person earn on the overall amount deposited. Kevin's money worth is $105, this is his total accrued amount. Acquired amount= Principal + InterestThe interest Kevin earn in first year is the interest in subsequent years. this is called compound  interest.

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