Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Carlos deposits $800 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 4 years?


Sagot :

Answer:

640

Step-by-step explanation:

800x4=3200

3200-20%

=640