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An initial amount of $100 is invested in a compound savings account with an annual interest rate of 5%. What is the total amount after 4 years? $1215506.25 $121.55 $100.00 $1000000.00
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An initial amount of $100 is invested in a compound savings account with an annual interest rate of 5%. What is the total amount after 4 years? $1215506.25 $121.55 $100.00 $1000000.00

User Leos Literak
by
8.0k points

1 Answer

7 votes

Answer:

100

Explanation:

5% of 25 in 4 years you would make 100$

User Netlander
by
8.4k points
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