John deposited $2000 into a simple interest account. The account has a 7% annual interest rate. How much interest has he earned on this deposit at the end of six months? A $700 B $840 C $70 D $140

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asked Jan 21, 2022 46.4k views

22 votes

John deposited $2000 into a simple interest account. The account has a 7% annual interest rate. How much interest has he earned on this deposit at the end of six months?

A $700

B $840

C $70

D $140

Mathematics
college

ThomasAFink asked

by ThomasAFink

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1 Answer

8 votes

Answer:

its $70

Explanation:

sorry

i dont have an explanation

Eugensk answered Jan 27, 2022

by Eugensk

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