Angie has $1,900 in her savings account. If the bank pays 5% simple interest on savings, What is the total amount of money she will have in her account after 5 years?

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asked Jan 7, 2022 105k views

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Angie has $1,900 in her savings account. If the bank pays 5% simple interest on savings, What is the total amount of money she will have in her account after 5 years?

Mathematics
college

Jan Bluemink asked

by Jan Bluemink

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1 Answer

8 votes

Answer:

$19,000 after five years

Explanation:

1900 * .5 = 3800 one year

5 * 3800 = 19,000

Charlie Pico answered Jan 11, 2022

by Charlie Pico

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