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I plan on opening a savings account with $800 and leaving it in the account for 4 years. If the bank is going to pay me an interest rate of 5%, how much money will I have in the…

I plan on opening a savings account with $800 and leaving it in the account for 4 years. If the bank is going to pay me an interest rate of 5%, how much money will I have in the…
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4 votes
I plan on opening a savings account with $800 and leaving it in the account for 4 years. If the bank is going to pay me an interest rate of 5%, how much money will I have in the account at the end of 4 years? A. $2,400 B. $1,600 C. $960 D. $160

asked
User Tamasf
by
7.6k points

2 Answers

3 votes

Answer:

c

Explanation:

i know

answered
User Pat Myron
by
8.4k points
2 votes

Answer:

i would think that its c

let me know if its wrong

answered
User Asif Bilal
by
8.3k points
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