3. Henry’s banks said they will putin 20% interest annually if he keeps at least $5,000 in his savings account. How much money. in

3. Henry’s banks said they will putin 20% interest annually if he keeps at least $5,000 in his savings account. How much money. in interest will the bank put in Henry’s
All changes saved
account?
STO
$10,000
O $100
$1,000

1 thought on “3. Henry’s banks said they will putin 20% interest annually if he keeps at least $5,000 in his savings account. How much money. in”

  1. Hey there!
    Option answer: $1,000
    Calculate the percentage
    => 5000 × 20/100
    => 5000/1 × 20/100
    => 50/1 × 20/1
    => 1000/1
    => 1000
    Therefore, 20% of $5000 is $1000

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