Answer :

semsee45

Answer:

$780

Step-by-step explanation:

Simple Interest Formula

[tex]\boxed{\sf A = P(1 + rt)}[/tex]

where:

  • A = Final amount.
  • P = Principal amount invested.
  • r = Interest rate (in decimal form).
  • t = Time (in years).

Given:

  • P = $650
  • r = 5% = 0.05
  • t = 4 years

Substitute the given values into the formula and solve for A:

[tex]\implies \sf A=650(1+0.05(4))[/tex]

[tex]\implies \sf A=650(1+0.2)[/tex]

[tex]\implies \sf A=650(1.2)[/tex]

[tex]\implies \sf A=780[/tex]

Therefore, the amount in the account now is $780.

Learn more about simple interest here:

https://brainly.com/question/28350785

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