Register

A bank offers a 4% annual interest rate for a savings account. Nathan puts $3,800 into an account to save for college. How much will be in the account after a year?

A bank offers a 4% annual interest rate for a savings account. Nathan puts $3,800 into an account to save for college. How much will be in the account after a year?
asked 148k views
3 votes
A bank offers a 4% annual interest rate for a savings account. Nathan puts $3,800 into an account to save for college. How much will be in the account after a year?

asked
User Faruk Toptas
by
8.0k points

1 Answer

3 votes
3800 * 0.04 + 3800 = $3952
answered
User Hersheezy
by
8.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!