109k views
4 votes
If you invest $879 at an interest rate of 4%, how much money will you have after five years?

2 Answers

2 votes

Answer:

After five years you will have $6,153

Explanation:

Just multiplied 879 and 1.4, then multiplied that by 5.

User Bryan Anderson
by
4.7k points
3 votes

Answer:

1,054.8

Explanation:

multiple 879 x .04 = 35.16 x 5=175.8 +879

User Ivan Fork
by
4.2k points