SOLUTION: you deposit $4000 in a savings account,which has a rate of 8%.Find the interest at the end of the first year

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Question 70889: you deposit $4000 in a savings account,which has a rate of 8%.Find the interest at the end of the first year
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
interest = 0.08*4000= $640
Cheers,
Stan H.