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$375 at 4% for 5 years (plz show work too)
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3 votes
$375 at 4% for 5 years (plz show work too)

User Federico Rubbi
by
8.6k points

1 Answer

4 votes
4%=0.04
0.04x5=0.2
0.2=20%
375x(1+20%)
=375x120%
=375x1.2
=450
So $450 is your answer.
User Jeanann
by
8.9k points
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