Find the interest earned by an account with $1,200 of simple interest of 4% for 3 years.
A. $144.00
B. $244.00**
C. $44.00
D. $88.00
1200*.04*3 = 144.00
So, how did you get 244?
A. $144.00
B. $244.00**
C. $44.00
D. $88.00
So, how did you get 244?