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A bank offers a 4% annual interest rate for a savings account. Juan puts $5,000 into an account to save for college. How much will be in the account after a year? $
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3 votes
A bank offers a 4% annual interest rate for a savings account. Juan puts $5,000 into an account to save for college. How much will be in the account after a year?

$

User CoffeeNeedCoffee
by
8.4k points

2 Answers

2 votes

Answer:

5200

Explanation:

5000 x 1.04 = 5200

hope this helps :D

User Riebel
by
8.3k points
4 votes

Answer:

5,200$

Explanation:

User Susheel Singh
by
8.1k points
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