supposed that you deposit money into a saving account that receives 5% interest per year on the amount of money that is in the account for that year. Assume that you deposit $400 into the account initially. How much will the saving account increase by over the course of the year?

Can you me with this question? i'll reward *30 points i just need with this one question so that i could solve the others. * edit: i originally set up the question to reward 30 points, but for some reason i can only reward 15. if you don't get 30, then i'm sorry. i'm still kind of new to this site