HELP PLEASE Simple Interest

Juan deposited $200 in a savings account earning 3% interest over 2 years.

What was the total amount of interest earned at the end of 2 years?

A.
$12

B.
$24

C.
$120

D.
$240

Question

HELP PLEASE  Simple Interest

Juan deposited $200 in a savings account earning 3% interest over 2 years. 
 
What was the total amount of interest earned at the end of 2 years?
 
 A.
$12
 
 B.
$24
 
 C.
$120
 
 D.
$240

anonymous · Answer

@ganeshie8 @iambatman

love_ranaa · Answer

A. 12 :)

anonymous · Answer

OMG THANKS @Love_Ranaa can you show me how you got the answer?

yanasidlinskiy · Answer

@Love_Ranaa direct answers are against the Code-of-Conduct.

yanasidlinskiy · Answer

I = PRT
I = 200 * .03 * 2

anonymous · Answer

i have another question can you  help with those too? please

love_ranaa · Answer

This website http://www.webmath.com/simpinterest.html But the formula for interest is I= p x r x t P= principal amount ($200) R= Interest Rate (3% or 0.03) T= Time (2 years)

anonymous · Answer

A

anonymous · Answer

thanks @Love_Ranaa and @YanaSidlinskiy

anonymous · Answer

so if i need help with another question do i post another thread or in this same one?

yanasidlinskiy · Answer

Another thread. Close this and make a new one.

anonymous · Answer

okay :D thanks

yanasidlinskiy · Answer

Yw.