Register
Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​4%.
8.6k views
17 votes
Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​4%.

User Rossy
by
5.4k points

2 Answers

7 votes
80$ for just one year
User Evan Purkhiser
by
4.9k points
12 votes
0.04 x $2000 = 80

Note: $80 is for one year
User Galina
by
5.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.9m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
What number is halfway between 0 and 18
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
how long Will it take for $7000 investment to grow to $7553 and the annual rate of 3.4% compounded quarterly assume that no withdrawals are made
I need to simplify this expression.
Link Copied!