Answer:interest of $2 would be earned in 2 years.
Step-by-step explanation:
If the interest is not compounded, it means that it is simple interest. The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal or initial amount in the account.
R represents interest rate.
T represents time in years.
From the information given,
P = $10
R = 10%
T = 2 years
Therefore,
I = (10 × 10 × 2)/100
I = $2
