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Angie has $1,900 in her savings account. If the bank pays 5% simple interest on savings, What is the total amount of money she will have in her account after 5 years?

Angie has $1,900 in her savings account. If the bank pays 5% simple interest on savings, What is the total amount of money she will have in her account after 5 years?
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Angie has $1,900 in her savings account. If the bank pays 5% simple interest on savings, What is the total amount of money she will have in her account after 5 years?

asked
User Jan Bluemink
by
8.1k points

1 Answer

8 votes

Answer:

$19,000 after five years

Explanation:

1900 * .5 = 3800 one year

5 * 3800 = 19,000

answered
User Charlie Pico
by
8.2k points
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