sameikabroderick5
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  • 11-05-2021
  • Mathematics
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Santiago has $450 in his savings account. He earns 5% simple interest annually. How much money will he be in his account after 4 years?

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acullison acullison
  • 11-05-2021

Answer:

$540

Step-by-step explanation:

5% of 450 = 22.5

22.5 x 4(years) = 90

90 + 450 = 540

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