ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Justin felt it wasn’t to late to say sorry and borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
A
$150
B
$192
C
$1350
D
$1392
Explanation: 
There is 1 question to complete.