You put $600 into an account. The account earns 5% simple interest per year. What is the balance after 4 years?
A. $120
B. $720
C. $1800
D. $12,600
Answer:B
You put $600 into an account. The account earns 5% simple interest per year. What is the balance after 4 years?
A. $120 B. $720 C. $1800 D. $12,600