When Yosef was born, his parents put $1000 into a savings account that earns 4% interest each year. How much will be in the account wh

Question

When Yosef was born, his parents put $1000 into a savings account that earns 4%
interest each year. How much will be in the account when he is 21?

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Nho 1 week 2021-07-22T17:34:22+00:00 1 Answers 1 views 0

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    2021-07-22T17:35:42+00:00

    Answer:

    $840 interest

    Step-by-step explanation:

    4% of 1000 is 40

    40•21= 840

    If you are adding the interest rate and the $1000 together then you get $1840

    Hope this helps

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