Question

An account earns 3% yearly simple interest. How much interest will you earn in 9 years if you put $820 in the account

A. $1069.91
B. $1041.40
C. $249.91
D. $221.40

Answer 1

It’s A. 820(1.03)x. x being 9 years

Answer 2

i think it would be D. because 820 x 3% = 24.60 and if you multiply that by 9 you get 221.40