Royell sold his shoes and put $1000 into a savings account with an interest rate of 5%. How much money will be in his account if he doesn't touch it after 7 years? A $20,000 B $700 C $1,350 D $1,500

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Ankush Soni asked Mar 28, 2023

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Royell sold his shoes and put $1000 into a savings account with an interest rate of 5%. How much money will be in his account if he doesn't touch it after 7 years?

A $20,000
B $700
C $1,350
D $1,500

Mathematics
college

Ankush Soni asked Mar 28, 2023

by Ankush Soni

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7 votes

Answer:

Explanation:

(1,000)(0.05)(7)

I = $350

1,000 + 350

=$1,350

Mout Pessemier answered Apr 3, 2023

by Mout Pessemier

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