102099075 102099075

10-01-2024
Mathematics

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Clayton has $400 in a savings account that earns 5% annually.The interest is not compounded.How much will he have in total in 1 year?

Respuesta :

ishu33766 ishu33766

10-01-2024

Answer:

5/400 ans. 80 because percent mean 1/100

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dooploop dooploop

10-01-2024

Answer:

$420

Step-by-step explanation:

Interest = Principal x Rate x Time

= 400 x 0.05 (5%) x 1 year

= 20

Now add 400 and 20 which is $420

Answer Link

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