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8 September, 23:56

Your savings account pays 5% simple interest. You opened your savings account with $200, and did not add any additional deposits. After 2 years, your account balance is approximately

A) $205.

B) $210.

C) $220.

D) $235.

Answers (1)
  1. 9 September, 00:19
    0
    C. $220

    Step-by-step explanation:

    200 x. 05 = $10

    $10 x 2 years = $20

    $200 + $20 = $220
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