math

Lamar deposits 5000 into an account that pays interest at 4% per year. How much interest wilk he be paid in the first 3 years

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asked by latasha
  1. 5000 (1 + .04)^3

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    posted by Dr. Jane
  2. amount of interest paid
    = 5000 (1 + .04)^3 - 5000

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    posted by Reiny

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