You invest $2000 in a bank account. Find the amount of

Last updated: 7/20/2022

You invest $2000 in a bank account. Find the amount of simple interest you earn in two years for an annual interest rate of 5.5%. Use the formula for simple interest /= p r t, where / is the interest, p is the principal, r is the annual interest rate, and t is the time in years. A. $22,000 B. $2,200 C. $220 D. $22