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 ->  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


   



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(16322) About Me  (Show Source):
You can put this solution on YOUR website!
200*1.04=$208