SOLUTION: If the interest is .04% how much money would you get for $1000.

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Question 607382: If the interest is .04% how much money would you get for $1000.
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
If the interest is .04% how much money would you get for $1000.
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Depends.
Is it .04% per day? per year?
Is it compound interest, or simple?
If it's compounded, how often?
And how long do you invest the $1000?