Question

Marco deposited $500 in a savings account earning 4% interest over 5 years.

What was the total amount of interest earned at the end of 5 years?

A.
$40

B.
$50

C.
$100

D.
$200

Answer 1

@psirockin2

Answer 2

@Ultrilliam

Answer 3

what's (4% of 500) * 5?

Answer 4

40?

Answer 5

so?

Answer 6

aye @Ultrilliam

Answer 7

no...

Answer 8

i dont understand

Answer 9

what's 4% of 500?

Answer 10

i dont know how to figure that out

Answer 11

@Ultrilliam

Answer 12

one sec

Answer 13

500/100*x
where x = %

Answer 14

so what's 500/100*4?

Answer 15

20

Answer 16

correct, now whats 20*x, where x = number of years

Answer 17

100

Answer 18

Correct!

Answer 19

i have some more questions

Answer 20

That's your answer.

Answer 21

Ok, feel free to post em! ^_^