If You Were to Invest $120 for Two Years,while Earning

question 42

Multiple Choice

If you were to invest $120 for two years,while earning 8% SIMPLE interest,what is the TOTAL AMOUNT OF INTEREST that you will earn?

• A) $139.97
• B) $139.20
• C) $19.20
• D) $19.97

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Definitions:

Gymnosperms

Seed-producing plants that bear their seeds directly on the surfaces of cones, differing from flowering plants in their mode of reproduction.

Single Species

Refers to a specific, individual species as opposed to a group or community of multiple species.

Ginkgophyta

A division of plants that includes a single living species known as the ginkgo or maidenhair tree, characterized by fan-shaped leaves and seeds with a fleshy outer layer.

Representative Figures

Individuals or symbols that exemplify or stand for a larger group, concept, or theory in discussions or analyses.