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Ashley deposited $4,000 into a savings account that earns 4% simple interest. What is the total amount Ashley will have in her account after three years?

Ashley deposited $4,000 into a savings account that earns 4% simple interest. What is the total amount Ashley will have in her account after three years?
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Ashley deposited $4,000 into a savings account that earns 4% simple interest. What is the total amount Ashley will have in her account after three years?

asked
User Jose Praveen
by
8.1k points

1 Answer

3 votes


answer is 480!!



EXPLANATION: I=PRT

4,000x .04=160.
160x3=480
answered
User Ubugnu
by
8.4k points
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