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Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​4%.

Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​4%.
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17 votes
Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​4%.

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User Rossy
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2 Answers

7 votes
80$ for just one year
answered
User Evan Purkhiser
by
8.6k points
12 votes
0.04 x $2000 = 80

Note: $80 is for one year
answered
User Galina
by
8.5k points
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