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What is the SIMPLE INTEREST earned on a $10,000 deposit for 15 years at a simple interest rate of 10%. * A. $1500 B. $31,772 C. $15,000
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What is the SIMPLE INTEREST earned on a $10,000 deposit for 15 years at a simple interest rate of 10%. *

A. $1500
B. $31,772
C. $15,000

User Crispyduck
by
3.9k points

1 Answer

6 votes
Its not b it’s C

1500 x 15 x 0.1 = 15000
User Ebarooni
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