ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Isabella deposited $2, 000 in an account that pays 5% simple annual interest. After one year how much interest will her investment pay?
A
$2, 100
B
$100
C
$10, 000
D
$400
Explanation: 
There is 1 question to complete.