SOLUTION: If $900 is put into a bank account at an interest rate of 4% how much interest will be earned in 3 years?

SOLUTION: If $900 is put into a bank account at an interest rate of 4% how much interest will be earned in 3 years?

Algebra.Com

Question 848309: If $900 is put into a bank account at an interest rate of 4% how much interest will be earned in 3 years?
Answer by swincher4391(1107) (Show Source): You can put this solution on YOUR website!
900 *(1.04)^3 = 1012.38
RELATED QUESTIONS
If $5000 is deposited into an account earning simple interest at an annual interest rate... (answered by rfer)

How much money will be in a bank account after 4 years if $9 is deposited at an interest... (answered by jorel1380)

elmer put 500 dollars in a bank account. each year the account earns 8% simple interest.... (answered by rfer)

Hassan deposited $7,500 into a bank account. At the end of 3 years the account had earned (answered by rfer)

if $6,000 is deposited into a bank account paying 5% compounded, what will be in the... (answered by mananth)

Isabel deposits $4000 into an account that pays simple interest at a rate of 4% per... (answered by rvfer)

Jane deposits $400 into an account that pays simple interest at a rate of 3% per year.... (answered by ewatrrr)

If $3000 is deposited in a bank account paying 4% compounded monthly, what amount will be (answered by stanbon)

for a given interest rate, simple interest varies jointly as the principal and time. If... (answered by robertb)