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Calculate the Simple Interest and the Final Balance

Question 140

Multiple Choice

Calculate the simple interest and the final balance. Round to the nearest cent, if necessary.
-Calculate the simple interest and the final balance. Round to the nearest cent, if necessary. - A) Interest: $190; Final Balance: $790 B) Interest: $192; Final Balance: $792 C) Interest: $197; Final Balance: $797 D) Interest: $195; Final Balance: $795


A) Interest: $190; Final Balance: $790
B) Interest: $192; Final Balance: $792
C) Interest: $197; Final Balance: $797
D) Interest: $195; Final Balance: $795

Correct Answer:

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