At IDNLearn.com, find answers to your most pressing questions from experts and enthusiasts alike. Ask any question and receive accurate, in-depth responses from our dedicated team of experts.

ANSWER QUICK
Suppose you deposited $200 in a savings account 4 years ago. The simple interest rate is 2.5%.
The interest that you earned in those 4 years is $20.00. Which of the following is/are true?