SOLUTION: if i deposit 200 $ in a cd account for one year and i get risk free 4% interest rate how much money will i get back at the end of the one year. regina16430@yahoo.com

Algebra ->  Algebra  -> Finance -> SOLUTION: if i deposit 200 $ in a cd account for one year and i get risk free 4% interest rate how much money will i get back at the end of the one year. regina16430@yahoo.com       Log On

Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!
Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!

   

Question 266326: if i deposit 200 $ in a cd account for one year and i get risk free 4% interest rate how much money will i get back at the end of the one year.
regina16430@yahoo.com
Answer by rfer(12670) About Me  (Show Source):
You can put this solution on YOUR website!
200*1.04=$208