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If the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year? A.$8 B.$50 C. $800​

If the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year? A.$8 B.$50 C. $800​
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4 votes
If the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year?

A.$8
B.$50
C. $800​

User Danny Harding
by
7.6k points

1 Answer

2 votes
A. 4percent of 200 is 8
User Sbozzie
by
7.9k points
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