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Fatima deposits $400 into her bank account that earns 4% simple interest per year. What is the total amount in her account after 5 years (Hint: use I=Prt)
Explain the work please!!!

Respuesta :

alexyukoch2004
I=400(0.04)(5)
Interest is 80 dollars of interest
400+80=480
I think that is the answer you're looking for :)
kevinjan2004
I=400(0.04)(5)
Interest is 80 dollars
400+80=480
There