Suppose you invest $800 into a savings account that pays 4% interest annually. How much will be in the account 7 years from now?

asked Jul 25, 2022 219k views

3 votes

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3 votes

Answer:

$5,824.00

Explanation:

800 × .04 = $32.00

$800.00 + $32.00 = $832.00

$832.00 × 7 = $5,824.00

Croxy answered Jul 29, 2022

by Croxy

3.5k points

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