Ahab has a savings account with $4,000 in it that earns 7% simple interest per year.
How much money, to the nearest penny, will Ahab have in 5 years?

In 5 years Ahab will have $ 5,400.

Step-by-step explanation:

Given that Ahab has a savings account with $ 4,000 in it that earns 7% simple interest per year, to determine how much money, to the nearest penny, will Ahab have in 5 years, the following calculation must be performed:

4,000 + (4,000 x 0.07 x 5) = X

4,000 + (280 x 5) = X

4,000 + 1,400 = X

5,400 = X

Therefore, in 5 years Ahab will have $ 5,400.

yo answer should be 6 if im not mistaken

step-by-step explanation:

too hard the other guy did it

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