Question

so if $250 is deposited into a bank account. the money earns $5.00 interest in 1 year. what is the the balance in the account after 1 year?

Answer 1

5.00$ for each ?

Answer 2

5 dollars a year or a month? @lovetime121

Answer 3

year

Answer 4

do what do i do @Linchpin

Answer 5

That doesn't make sense then? It would be 260?

Answer 6

it can't be that simply , 250 + 5 = 255$ ? i don't think the question is right but if it is , the answer will be simply 255$

Answer 7

I mean't 255*

Answer 8

Either it should 5 % interest rate per month or it should be at least 2 years. @lovetime121

Answer 9

the answer is 255 because you add 5 + 250 and you get your answer