Asked by Tia

$300 at 5% interest for 7 years. Find the simple interest earned in the account.
A. $214.29
B. $11.67
C. $420.00
D. $105.00
Can you please help? Thanks!
Answered by R_scott
principal * interest rate * years
Answered by Ms. Sue
I = PRT

300 * 0.05 * 7 = $__________
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