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$125 at 2.03% interest for 4 years What is the interest? What is the new balance?

$125 at 2.03% interest for 4 years What is the interest? What is the new balance?
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16 votes
$125 at 2.03% interest for 4 years
What is the interest?

What is the new balance?

User Matthew Rasa
by
8.6k points

1 Answer

12 votes
At the end of 4 years, your savings will have grown to $135.
You will have earned in $10.46 in interest.
hope this helped!
User Jah
by
8.6k points
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