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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? А.$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? А.$8 B.$50 C.$800
asked 184k views
4 votes
If the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year?

А.$8
B.$50
C.$800

asked
User MMP
by
8.1k points

1 Answer

7 votes

Answer:

A

Explanation:

answered
User Nikhil Badyal
by
8.4k points
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