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(SOMEONE HELP ME PLZ) How much would Adam have to deposit in a savings account to earn $100 in interest over 4 years at a 5% simple annual interest rate?A. $400 B. $500 C. $1,500 D. $2,000
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3 votes
(SOMEONE HELP ME PLZ)

How much would Adam have to deposit in a savings account to earn $100 in interest over 4 years at a 5% simple annual interest rate?A. $400
B. $500
C. $1,500
D. $2,000

User VAO
by
7.6k points

2 Answers

7 votes

Answer:

B

Explanation:

The answer would be 500.

User Stumf
by
7.4k points
4 votes

Answer:

He would need to deposit A.$500



User Rmartrenado
by
8.2k points
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