Asked by Quzzy Modo's brother
Can someone please help me? I have one question I need help with. Thanks in advance.
4. Jayden opens a savings account with $100.00. His account pays 4% simple interest. How much money will be in his account one year later if he makes no deposits or withdrawals?
A.) $96.00
B.) $100.00
C.) $104.00
D.) $148.00
My answer is A. Thanks. :)
4. Jayden opens a savings account with $100.00. His account pays 4% simple interest. How much money will be in his account one year later if he makes no deposits or withdrawals?
A.) $96.00
B.) $100.00
C.) $104.00
D.) $148.00
My answer is A. Thanks. :)
Answers
Answered by
Ms. Sue
This is a savings account. He would not have had less money!
Interest = principle times rate times time.
Interest = principle times rate times time.
Answered by
Quzzy modo
lol Quzzy modos brother u must have seen my name somewhere and used it case in quzzy modo
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