Susan has $800 in a savings account that earns 6% annually. if the interest is not compounded, how much interest will she earn in 5 years?
a) $30.00
b) $48.00
c) $240.00
eliminate
d) $480.00

The correct option is C.

Step-by-step explanation:

It is given that Susan has $800 in a savings account that earns 6% annually and the interest is not compounded.

It means Susan received simple interest.

Formula of simple interest:

Where P is principal amount, r is rate of interest in percentage and t is time in years.

The amount of interest is $240.00. Therefore option C is correct.

b. 1.25 hr

step-by-step explanation:

if you have a constant speed of 60 mph, then you have a ratio between 60 mi. to 1 hr. dividing both sides by 60 we get the ratio

1 mi. to

then mult. both sides by 75 we get the ratio

75 mi. to

simplifying we get

75 mi. to

or 1.25 hr.