document.write( "Question 838706: if I put $500 in a savings account earning 4% interest over 5 years. what's the total amount of money earned in interest??? \n" ); document.write( "
Algebra.Com's Answer #505260 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! FV=500(1.04)^5 \n" ); document.write( "FV=500(1.22) \n" ); document.write( "FV=608.32 \n" ); document.write( "-------- \n" ); document.write( "interest earned \n" ); document.write( "608.32-500=108.32 \n" ); document.write( " |