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Lisa has 100 dollars in A savings account. The interest rate is 5% per year and is not compounded. How much interest will she earn in four years?

Respuesta :

foodle
20 dollars, she will earn this because five percent of one hundred is five, times five by four and you get your answer of twenty!
NeverGonnaLeave

She would have $20 after 4 years.


Work:

100 x 0.05(5%) = 5

4 x 5 = 20


Hope this helps!

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