Simpson deposits $1,200 in a savings account that earns simple interest at the rate of 5% per year. What interest does he earn a

Question

2 years ago

12

Simpson deposits $1,200 in a savings account that earns simple interest at the rate of 5% per year. What interest does he earn a

t the end of 1 year?
-must haves :)..
right answer.
makes sense.
step by step.
^I will mark someone the brainliest when someone answers this, thank youuu:)

Mathematics

1 answer:

Verdich [7] · Answer 1 · 2022-08-07T21:46:04+03:00

Verdich [7]2 years ago

5 0

Answer:

$60

Step-by-step explanation:

1200*0.05 = $60