Register

An initial amount of $100 is invested in a compound savings account with an annual interest rate of 5%. What is the total amount after 4 years? $1215506.25 $121.55 $100.00 $1000…

An initial amount of $100 is invested in a compound savings account with an annual interest rate of 5%. What is the total amount after 4 years? $1215506.25 $121.55 $100.00 $1000…
asked 222k views
4 votes
An initial amount of $100 is invested in a compound savings account with an annual interest rate of 5%. What is the total amount after 4 years? $1215506.25 $121.55 $100.00 $1000000.00

asked
User Leos Literak
by
8.0k points

1 Answer

7 votes

Answer:

100

Explanation:

5% of 25 in 4 years you would make 100$

answered
User Netlander
by
8.4k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!