# Atime deposit account in a bank yeilds 5.5%compound interest annually. jenifer invest 45 for 4 yeatrs in this saving account, how much interest will she gain

Answers: 2

## Answers

Atime deposit account in a bank yeilds 5.5%compound interest annually. jenifer invest 45 for 4 yeatr...

so the INTEREST is 99,000

Step-by-step explanation:

I=PxRxT

I=??

P=450,000

R= .055

T=4 yrs

I=(450000)(.055)(4)

I=(450000)(0.22)

I=99000

false. or. undefined.