Question

7

If your bank offers 6 percent annual simple interest, and
you start with $60 in your account, how much will you have
after one year?
А
$70.00
B$66.30
C
$63.60
D $66.00

Answer 1

c. 63.60

Explanation:

60(7%)=3.60=63.60

Answer 2

in one year you will have total $63.60