aroland1990x
aroland1990x
21.04.2021 • 
Mathematics

Karl is offered a simple interest rate of 5% at a local bank. He deposited $900. Which statement is true?

Karl will earn $270 as an interest after 4 years.

Karl will earn $120 as an interest after 3 years.

Karl will earn $14 as an interest after 1 year.

Karl will earn $90 as an interest after 2 years.

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