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rusak2 [61]
3 years ago
14

Amanda has $5200 in a savings account that earns 4% annually. If the interest is not compounded, what is the value of her accoun

t in 5 years?
A. $208

B. $1040

C. $5408

D. $6240
Mathematics
2 answers:
Vlad1618 [11]3 years ago
8 0
First thing you do is to start off with 5200, and if she earns 4% each year for the next 5 years, she would earn a total of 20% more than what she had now. 

Then you would have to multiply 5,200 by 1.20 Which equals 6,240.<span>

Answer:
</span>D. $6240

Hope this helps!
iren2701 [21]3 years ago
4 0
The interest is simple
A=5,200×(1+0.04×5)
A=6,240
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