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A bank pays you 4% on the money you deposit into an account in a given amount of time. What does the 4% represent?

A bank pays you 4% on the money you deposit into an account in a given amount of time. What does the 4% represent?
asked 24.8k views
3 votes
A bank pays you 4% on the money you deposit into an account in a given amount of time. What does the 4% represent?

asked
User CJ Johnson
by
9.0k points

1 Answer

2 votes

Answer:

Interest rate

Explanation:

answered
User Caprica Six
by
8.0k points
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