Mathematics, 23.04.2021 17:20, seema12

Karl is offered a simple interest rate of 2% at a local bank. He deposited $600. Which statement is true?

Karl will earn $20 as an interest after 3 years.

Karl will earn $8 as an interest after 1 year.

Karl will earn $12 as an interest after 2 years.

Karl will earn $48 as an interest after 4 years.

Answers: 2

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Karl is offered a simple interest rate of 2% at a local bank. He deposited $600. Which statement i...