Cody has $700 in a savings account that pays %4 simple interest. How much will he have in 1 year?
2 answers
Question:
Cody has $700 in a savings account that pays %4 simple interest. How much will he have in 1 year?
Answers
Answer:In One Year Cody Will Have 12% IntrestStep-by-step explanation:
Answer:$728 in one yearStep-by-step explanation:i = prti = 700 x 0.04 x 1i = 28$28 + $ 700 = $728
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