Walter has $80 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will he have in 2 years?

1/3 + 1/3 ≠ 2/6 because 1/3 alone = 2/6  

step by step explanation:

1/3 + 1/3 = 2/3       2/3=4/6

the answer is d

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