Question

Yolanda invested $2,000 in a US Treasury Note that pays 5% simple interest per year. How much interest did Yolanda earn after 3 years if she does not cash in her note?

Answer 1

I believe it is 2000*0.05(the interest rate)*3(the number of years)

Answer 2

Answer:

I think it is 2,000 thimes 5 and 3