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Jon deposits $2000 into his account and pays at a rate of 4% per year. how much will he be paid in 3 years

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asked Sep 5, 2022 83.8k views

4 votes

Jon deposits $2000 into his account and pays at a rate of 4% per year. how much will he be paid in 3 years

Mathematics
high-school

Gourav Khanna asked

by Gourav Khanna

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2 Answers

5 votes

the answer is 240

because 4% of 2000 is 80 so you just times 80 by 3 then you get 240

Schnodderbalken answered Sep 7, 2022

by Schnodderbalken

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7 votes

He will be paid $5,760.
$2000*.04=80
80*3=240
2000*3=6000
6000-240=5760.
Hope this helps :)

Yitzchak answered Sep 10, 2022

by Yitzchak

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Jon deposits $2000 into his account and pays at a rate of 4% per year. how much will he be paid in 3 years

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