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Calculate the amount of simple interest on $9000 deposited at an interest rate of 5% for 2 years. Find the simple interest A. $900 B. $922.50 C. $9,900 D. $9,922.50

Calculate the amount of simple interest on $9000 deposited at an interest rate of 5% for 2 years. Find the simple interest A. $900 B. $922.50 C. $9,900 D. $9,922.50
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9 votes
Calculate the amount of simple interest on $9000 deposited at an interest rate of 5% for 2 years. Find the simple interest

A. $900
B. $922.50
C. $9,900
D. $9,922.50

asked
User Sergio Losilla
by
8.7k points

1 Answer

1 vote

The answer would be 900 or A

answered
User Kevin Schultz
by
8.0k points
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