Social Studies, 06.01.2021 19:10 Bowied6025

Meghan’s bank pays 10% a year interest on the previous year's balance. For the first year, Meghan had $6,000.00 on deposit at the bank. If each year Meghan does not withdraw any money, finish filling in the following to see how much money Meghan will end up with after 4 years. Multiply each year's beginning balance by the interest rate and then calculate the new total balance (Total X 10% or .10). Round each calculation to the nearest penny. Beginning Balance $6,000.00
Interest earned in Year 1 $ TOTAL $
Interest earned in Year 2 $ TOTAL $
Interest earned in Year 3 $ TOTAL $
Interest earned in Year 4 $ TOTAL $

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Meghan’s bank pays 10% a year interest on the previous year's balance. For the first year, Meghan ha...