If you put $1,000 in a savings account at an interest rate of 10 percent,how much money will you have in one year?
A) $1,200
B) $909
C) $950
D) $1,100

Name: If you put $1,000 in a savings account at an interest rate of 10 percent,how much money will you have in one year? A) $1,200 B) $909 C) $950 D) $1,100
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Quizplus · Accepted Answer

The correct answer is D) $1,100. This is because with a 10 percent interest rate, you would earn $100 on your $1,000 investment in one year (10% of $1,000 = $100), making the total $1,100.

If You Put $1,000 in a Savings Account at an Interest