Answer:
$73.5
Step-by-step explanation:
The answer is simple, since he gets 5% every year, and its only been 1 year, just find 5% of 70 and add it together.
We can find 5% of 70 by multiplying 70 by .05.
70*.05=3.5
70+3.5=73.5
He will have 73.5 dollars.
Hope this helps!
