Ask a New Question
Search
walter deposits $5,000 in a bank account that pays 9% simple interest. If he doesn't change the principal, what will his balance be in 4 years?.
1 answer
5000(1+.09*4)
Ask a New Question
or
answer this question
.
Similar Questions
And deposits $20,000 into an account that pays simple interest at a rate of 2% per year Jim deposits $20,000 into an account
1 answer
Sam opened a money-market account that pays 2% simple interest. He started the account with $7,000 and made no further deposits.
2 answers
If your bank pays 5.5 percent interest on savings deposits, what is the simple interest paid in the third year on an initial
1 answer
Finn deposited $3,500 in a new account at his bank.
The bank pays 5.5% interest compounded annually on this account. Finn makes
1 answer
more similar questions