$500 deposit over 20 years with an interest rate of 5%

asked Aug 25, 2021 54.3k views

2 votes

5.5k points

Please log in or register to add a comment.

4 votes

Answer: $1,104

Step-by-step explanation:At the end of 20 years, your savings will have grown to $1,604.

You will have earned in $1,104 in interest.

Booboo answered Aug 29, 2021

5.1k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.9m questions

7.8m answers