SOLUTION: If you had 1,000.00 in a savings account for one year, how much interest would you earn?

Algebra.Com
Question 602368: If you had 1,000.00 in a savings account for one year, how much interest would you earn?
Answer by jim_thompson5910(35256)   (Show Source): You can put this solution on YOUR website!
It depends on the interest rate and how the interest is generated (either through simple interest, compound interest, or continuously compounded interest).
So you're missing information.

RELATED QUESTIONS

Angie has Php9500.00 in her savings account. If the bank pays 35% simple interest on... (answered by ikleyn)
How much interest would you earn on a savings bond of $1,200 at 3.5% simple annual... (answered by Alan3354,ikleyn)
How much interest would you have earned if you had instead deposited the R20 000 in a... (answered by addingup)
A savings account earns 4% annual interest compounded quarterly. How much interest would... (answered by Alan3354,stanbon)
you deposit $9000.00 in a savings account. Determine what interest rate you would have,... (answered by richwmiller)
"If you deposit $100 in a savings account, and earn 4% interest this year, how much money (answered by stanbon)
How much interest would I earn if I has deposited R20 000 in a bank account at 8.5%... (answered by tommyt3rd)
If i have 500.00 in a savings account how much will i earn with 4.5% interest in one... (answered by ReadingBoosters)
if you put 1500$ in a savings account that paid 4.5% compounded yearly, how much interest (answered by stanbon)