ddotson2914 ddotson2914
  • 02-04-2020
  • Mathematics
contestada


Suppose you deposit $1,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions
a. How much will be in the account after 4 years?

Respuesta :

jgreene204 jgreene204
  • 10-04-2020

Answer:4% per year is 40 dollars times 4 years is 160 dollars added to the thousand you started with gives you 1160 dollars.

Step-by-step explanation:

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