Question 3 (1 point) If you deposit $400 into an account that offers a 5% interest rate. How much interest will you earn after 1 year? $20 $350 $160 $2 Question 4 (Mandatory) (1 point)

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asked Dec 5, 2022 101k views

5 votes

Question 3 (1 point)

If you deposit $400 into an account that offers a 5% interest rate. How much
interest will you earn after 1 year?
$20
$350
$160
$2
Question 4 (Mandatory) (1 point)

Mathematics
college

Nathan Xabedi asked

by Nathan Xabedi

8.2k points

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1 Answer

3 votes

$400 •5/100=$4•5=$20

Happier answered Dec 12, 2022

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