SOLUTION: What is the interest on $1200 invested for 2 years in an account that earns simple interest at an annual rate of 5%?

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Question 775334: What is the interest on $1200 invested for 2 years in an account that earns simple interest at an annual rate of 5%?
Answer by tommyt3rd(5050) About Me  (Show Source):
You can put this solution on YOUR website!
I=
Prt=
1200*0.05*2=
120