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$300 at 5% annual interest for 7 years. Find the simple interest earned in the account. 1. $2124.29 2. $11.67 3. $420.00 5. $105.00

$300 at 5% annual interest for 7 years. Find the simple interest earned in the account. 1. $2124.29 2. $11.67 3. $420.00 5. $105.00
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2 votes
$300 at 5% annual interest for 7 years.

Find the simple interest earned in the account.

1. $2124.29
2. $11.67
3. $420.00
5. $105.00

User Kajaco
by
8.0k points

2 Answers

1 vote
The answer is "3. $420.00"
User Akbar Ahmed
by
7.7k points
2 votes
It's the last one!

Hope this helps!
User Koan
by
7.5k points
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