You put $800 in a savings account at 4% annual interest and leave it there for five years. What is the principle?_____

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asked Mar 20, 2018 23.7k views

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Dosvarog · Answer 1 · 2018-03-27T12:26:08+0000

at the end of five years, you will have made 160 dollars on interest, a total of $960, because four percent of 800 is 32, and you multiply that by 5 years to get 160.

You put $800 in a savings account at 4% annual interest and leave it there for five years. What is the principle?_____

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