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OpenStudy (aye_my_peeps):
marco deposited $500 in a savings account earning 4% interest over 5 yrs. what was the total amount of interest earned at the end of 5 yrs??
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OpenStudy (dix123):
is it compound or simple???
OpenStudy (aye_my_peeps):
a. $40 b. $50 c. $100 d. $200
OpenStudy (aye_my_peeps):
ummmm,....
OpenStudy (dix123):
Looking at the options, I think it's simple, so I would say the answer is $100
OpenStudy (aye_my_peeps):
thnx :)@dix123
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