vroberson1210 vroberson1210

09-12-2016
Mathematics

contestada

James made a deposit in a savings account 5 years ago. The account pays 4% simple annual interest. Since then, he has earned $120 in interest. What is the current balance in his account?

A. $200
B. $600
C. $720
D. $780

Respuesta :

Aliwohaish12 Aliwohaish12

09-12-2016

I=prt,,120=5*0.04p,,p=600 the answer is 720

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jmmcelrea jmmcelrea

22-03-2021

Answer:

720 is correct

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