Question

Isaac's father earned 5.2% interest on his investments last year.if he had $40,000 invested, what was the balance in his account at he end of the year? A)$2,080 b)$42,000 c)$42,080 d)$63,840

Answer 1

$40000 \times 1.052 = 42080$

Answer 2

c $42,080 is the correct answer I found the answer by $40,000 + 5.2% = $42,080