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

13 answers

I = PRT

I = 100 * 0.04 * 1

So im right?

What is your answer?

104.00

Yes, 104

I hope this helps stay awesome my dudes!<3

1. A,C,D Store of value, Unit of account, medium of exchange

2. D People do not have a good or a service that another person wants.

3. C inflation

4. C Home sales increase greatly for several months in a row.

5. C $104.00

6. B Bank A compound interest account

7. D The person will earn low income.

8. C the satisfaction of creating new products

9. A Malia stated selling jewelry she made in an online store

10. B taking a training course related to her job

11. A Gross domestic product

12. D an improved roasting and canning machine

13. C The service should remain unlimited and accessible to all

14. A payroll taxes

15. A Citizens in the future will have fewer services or higher taxes

16. B the value of all goods and services produced within domestic boarders

17. C expenditures

18. A increased productivity

19. D inflation was greater than Mr. Lee's raise

20. A,D Whether the person is actively looking for a job/whether the person is willing and able to work

21. A structural

22. B ownership

23. B a few soda companies competing for business

24. C buy shares

25. B,D revolving/ unsecured

26. D protection of purchases

27. A fixed expense

Thanks, Rocker 31/31 100% for me! YAY!!! :D

Thank you so much @rockerbarbiiexoxo. I finished my whole social studies class with an A because of you.

Rocker is right, thanks m8

Thank you rocker!!! You have no idea how much this means to me. I have spent all day today on this test.

rocker is correct!!

the answers still work in 2022 but number 6 is wrong well for me but i got a an A still so ty very much

tha nk u so much 31/31 the other girl got confused