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Miss Xu invests $4000 in a savings account which pays compound interest at the rate 4.5% per year. Calculate the total interest earned in 5 years.
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Miss Xu invests $4000 in a savings account which pays compound interest at the rate 4.5% per year. Calculate the total interest earned in 5 years.
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Apr 16, 2021
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Miss Xu invests $4000 in a savings account which pays compound interest at
the rate 4.5% per year. Calculate the total interest earned in 5 years.
Mathematics
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Anand M Joseph
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3100 bc 4.5% of 4000 is 180 and 180 times 5 is 900, 4000-900=3100
Bdifferent
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Apr 21, 2021
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