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What is the “simple interest” earned if you invest $545 in a savings account that earns 3.25% for two years? A) $34.97 B) $35.43 C) $354.35 D) $36.00

What is the “simple interest” earned if you invest $545 in a savings account that earns 3.25% for two years? A) $34.97 B) $35.43 C) $354.35 D) $36.00
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What is the “simple interest” earned if you invest $545 in a savings account that earns 3.25% for two years?

A) $34.97

B) $35.43

C) $354.35

D) $36.00

User Kim Stebel
by
7.7k points

1 Answer

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Answer:

The answer for this question is B)

User Dominik Ehrenberg
by
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