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Marco deposited $500 in a savings account earning 4% interest over 5 years. What was the total amount of interest earned at the end of 5 years? A. $40 B. $50 C. $100 D. $200
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Marco deposited $500 in a savings account earning 4% interest over 5 years.

What was the total amount of interest earned at the end of 5 years?

A.
$40

B.
$50

C.
$100

D.
$200

User Scott Swezey
by
8.3k points

1 Answer

5 votes
The correct answer is c. $100
User Khaino
by
6.6k points
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