Math

$300 at 5% annual interest for 7 years
Find the simple interest earned in the account.
A: $214.29
B: $11.67
C:$420.00
D: $105.00

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  1. the answer is D: $105.00

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  2. I = P*r*t = 300*0.05*7 = $105.

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  3. How do you get your answer

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  4. 300 x .05 = 15
    15 x 7 = 105

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