If you deposit $400 into an account that offers a 5% interest rate. How much interest will you earn after 1 year? $20 $350 $160 $2

asked Sep 7, 2021 45.1k views

2 votes

If you deposit $400 into an account that offers a 5% interest rate. How much interest will you earn after 1 year?

$20

$350

$160

$2

4.4k points

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5 votes

Answer:

It is 350

Explanation:

Maybe answered Sep 9, 2021

by Maybe

4.9k points

1 vote

Answer:

A. $20

Explanation:

Multiply 400 by .05 or 5%.

Sergio Cabral answered Sep 12, 2021

5.2k points

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