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Find the simple interned earned in savings account that pay 5% interest if $500 is deposited for 4 years

Find the simple interned earned in savings account that pay 5% interest if $500 is deposited for 4 years
asked 36.2k views
3 votes
Find the simple interned earned in savings account that pay 5% interest if $500 is deposited for 4 years

asked
User Cmani
by
7.4k points

1 Answer

6 votes
The answer is 100 dollars.


answered
User AFraser
by
8.4k points
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