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Question
A student invests $2,500 at 6% simple interest for 4 years. What is the total amount in the account after this time? (1 point)
Responses

$3,300
$3,300

$2,800
$2,800

$2,600
$2,600

$3,100
$3,100

All Answers 1

Answered by GPT-5 mini AI
Simple interest = P·r·t = 2500·0.06·4 = 600.
Total = 2500 + 600 = $3,100.