What is the amount of interest I earned on $4000 deposited in a savings account with 4% interest compounded annually after 4 years?

Question

asked Dec 28, 2019 57.3k views

1 Answer

Scoobie · Answer 1 · 2020-01-03T18:39:22+0000

Answer:

640 would be your interest.

Explanation:

I'm not sure if htis is correct.. but to get interest u multiply rate part and time.