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If you put $400 in a savings account that pays 4% for six years what is the amount of money you will have at the end of the six years?

If you put $400 in a savings account that pays 4% for six years what is the amount of money you will have at the end of the six years?
asked 227k views
3 votes
If you put $400 in a savings account that pays 4% for six years what is the amount of money you will

have at the end of the six years?

asked
User Westonplatter
by
8.1k points

1 Answer

4 votes
506 dollars or if you need a decimal it would be 506.12
answered
User TJR
by
8.2k points
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