Question

cynthia has earned 1,000 and wants to put it in a savings account that earns 5% simple interest assuming she makes no additional deposits or withdrawals what will be the total value of cynthias account after 48 months

Answer 1

6746734

Explanation:

first fo 45 minus 45 get 0 add then 56 plus 34

Answer 2

1200

Explanation:

1000(1+.05x4)

5%=.05

convert the months into years