Question

$4000 at 3% for 4 years find the interest and the total

Answer 1

You do

$4000 x .03 x 4

= 480

Now you do

4000 + 480

= 4480

=$4,480

Answer 2

$4,480 


4,000 x .03 x 4 = 480

Interest will be $480.00