ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Dan borrowed $2, 000 for 6 months at 12% annual simple interest rate. How much interest is that?
A
$120
B
$144
C
$1, 200
D
$1, 440
Explanation: 
There is 1 question to complete.