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If the APY of savings account is 4.7% and if the principal in the savings account is $4500 for an entire year what will the balance of the savings account after all the interest is paid for the year?
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May 24, 2018
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If the APY of savings account is 4.7% and if the principal in the savings account is $4500 for an entire year what will the balance of the savings account after all the interest is paid for the year?
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Yassi
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Answer:
$4711.50
Explanation:
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Lordcheeto
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May 25, 2018
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Lordcheeto
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Total = 4,500 * (1.047)^1
Total = 4,711.5
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Sharad Yadav
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May 30, 2018
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