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Irina18 [472]
3 years ago
6

Kate deposits $800 in a bank

Mathematics
1 answer:
Rina8888 [55]3 years ago
6 0

Answer:

C

Step-by-step explanation:

Use formula

I=P\cdot r\cdot t,

where

I = interest

P = rpincipal

r = rate (as decimal)

t = time (in years)

In your case,

P = $800

r = 0.04 (4%)

t = 5,

so

I=\$800\cdot 0.04\cdot 5\\ \\I=\$160

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