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Juan deposited $200 in a savings account earning 3% interest over 2 years. What was the total amount of interest earned at the end of 2 years? A. $12 B. $24 C. $120 D. $240

Juan deposited $200 in a savings account earning 3% interest over 2 years. What was the total amount of interest earned at the end of 2 years? A. $12 B. $24 C. $120 D. $240
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2 votes
Juan deposited $200 in a savings account earning 3% interest over 2 years.

What was the total amount of interest earned at the end of 2 years?

A.
$12

B.
$24

C.
$120

D.
$240

User Oziomajnr
by
8.3k points

2 Answers

2 votes
The correct answer is letter A.
User Cedivad
by
8.6k points
7 votes
The answer is c because it said two years.
User DGuntoju
by
8.0k points
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