Register
Shella puts $16.00 in a bank account that gains 25% interest annually. How much interest will be accumulated in a year? If Shella makes no withdrawals, how much money will be in the account after a year?
22.1k views
5 votes
Shella puts $16.00 in a bank account that gains 25% interest annually.

How much interest will be accumulated in a year?
If Shella makes no withdrawals, how much money will be in the account after a year?

User Natesh Bhat
by
6.8k points

2 Answers

3 votes
20$ after a year of 25% APT
User Alexander Berndt
by
7.2k points
4 votes
$20 After a year of 25% APY
User Kuanb
by
7.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.2m questions

10.8m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!