juniorcortes609 juniorcortes609

09-03-2021
Mathematics

contestada

2) Hank put $200 in the bank for 5 years with a 4% interest rate. How much
money was in the bank after 5 years? *

Respuesta :

chloeicho207 chloeicho207

09-03-2021

Answer:

$243.33

Step-by-step explanation:

the equation would be p(1+r%)^t so 200(1+4%)^5 equals to 243.33058048 and rounded to the nearest hundredth would be 243.33

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