What is the amount of interestearned on 4000 deposited in a


What is the amount of interest/earned on $4000 deposited in a savings account with 4% interest compounded annually after 4 years? Give answer in US dollars and cents rounded to the nearest cent.

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the amount of interestearned on 4000 deposited in a
Reference No:- TGS02289006

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)