69.5k views
2 votes
ryan deposited 4,000$ into his savings account at the interest rate of 4%for 5 years ate the end of the 5 years how much money would be in ryan's account worksheet

User Sabnam
by
5.0k points

1 Answer

6 votes

Answer:

$4,800

Explanation:

you take $4000 and multiply by .04 to get interest for one year. Then multiply by 5 for the years and that is $800. and $800 + $4000 - $4800.

User SergeyT
by
5.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.