4 years ago

You put $800 in a savings account. The account earns 4% simple interest per year.

Mathematics

1 answer:

nalin [4]4 years ago

4 0

Answer:

A. 160

B. 960

Step-by-step explanation:

The interest earned after 5 years is the balance - the initial balance: 160

The balance is 800 * (1 + .04*5): 960

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