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How much is the ENDING Balance... $5,000 at 4% for 2 years?

How much is the ENDING Balance... $5,000 at 4% for 2 years?
asked 165k views
21 votes
How much is the ENDING Balance... $5,000 at 4% for 2 years?

asked
User Bedna
by
8.3k points

1 Answer

4 votes

Answer:

($5000 x 4% ) * 2 = $400

The ending balance : $5000 + $400 = $5400

Explanation:

answered
User Ywm
by
8.6k points
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