Core Focus: Simple Interest
I have 5 question”S like this. . . I will pay 2$ for all to be answered. . .
Thanks!
#1 —->
Marco deposited $500 in a savings account earning 4% interest over 5 years. What was the total amount of interest earned at the end of 5 years? |
A. |
$40 |
B. |
$50 |
C. |
$100 |
D. |
$200 |