If I have $1900 dollars in my savings and my bank pays 5 percent simple interest on savings what is the total amount of money I will have in my account after 5 years?

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asked Aug 1, 2023 47.8k views

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If I have $1900 dollars in my savings and my bank pays 5 percent simple interest on savings what is the total amount of money I will have in my account after 5 years?

Mathematics
high-school

Seldridge asked

by Seldridge

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The interest on a savings or loan at a particular rate for a period of time is calculated as

Ganye answered Aug 4, 2023

by Ganye

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