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How much money will be in a bank account after 4 years if $8 is deposited at an interest rate of 5%?

How much money will be in a bank account after 4 years if $8 is deposited at an interest rate of 5%?
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4 votes
How much money will be in a bank account after 4 years if $8 is deposited at an interest rate of 5%?

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User Sach
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2 Answers

3 votes
4 dollars will be left in the account
answered
User Anshu
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7.6k points
1 vote
all you have to do is find 5% of 8 times that by 4 and then add that to 8 and that is how much will be in the acount
answered
User Jbcaveman
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7.3k points
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