Question

Your rich uncle leaves you $5,000 in a mutual fund account that earns 4% interest. What is the amount of savings that you have in the account at the end of the first year?

A. $4,800
B. $5,000
C. $5,200
D. $5,400

Answer 1

4% more than what you started with ....

Answer 2

for a given number "n"; n/100 = 1% of n

Answer 3

so C?

Answer 4

id pick C, yes

Answer 5

good job! ;)

Answer 6

thank you :D