Question

Billy puts $4900 in a bank that pays 6% annually.

How much will be in the bank after 4 years?
Put it in the chart by what he gets every year

Answer 1

If it's adding to the 4,900 in the bank just add the numbers to 4,900.

After 4 years. 1,176.

Year 1: 294

Year 2: 588

Year 3: 882

Year 4: 1176

Year 5: 1470

Year 6: 1764