# Francesca deposited $70 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much will she have in 2 years? Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years. Answer$

###### Question:

Francesca deposited $70 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much will she have in 2 years? Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years. Answer$

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