Question:

You put $200 into an account that pays simple interest. Once

Last updated: 8/4/2022

You put $200 into an account that pays simple interest. Once

You put $200 into an account that pays simple interest. Once a year the bank will pay you 5% interest on your money. How much interest will you earn in one year? (a) $20 (b) $10 (c)$1