165k views
0 votes
PLEASE HELP WITH THIS I NEED HELP PLEASE ANYONE!!!!!!!!

How much money does Ed earn in interest after 16 years if he deposits $600 dollars in an account that pays 2.75% annual simple interest?

A.$16.50
B.$336
C.$264
D.$864

1 Answer

0 votes
The answer is $16.50
User Carson Welsh
by
5.1k points