2 years ago

Kenny has $500 in a savings account. The interest rate is 4%, compounded annually.

Mathematics

2 answers:

Lesechka [4]2 years ago

6 0

Answer:

$520

Step-by-step explanation:

500(0.04) = kenny's annual interest rate return= 20

500+20= total dollars kenny has in a year

Travka [436]2 years ago

3 0

Answer:

After one year Kenny will have $520.

Step-by-step explanation:

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