Question

you deposit $2,750 in a savings account. you can earn 25% interest each year. how much money will you have in your account after 4 years?

Answer 1

5,500

Explanation:

25% of 2,750 is 687.5

687.5 times 4 is 2,750

2,750 times 2 is 5,500

so you would have $5,500 in total in your account in 4 years