Stephen lent his friend $100 at a simple annual interest rate of 6%. How much interest will Stephen earn at the end of 3 years?

A. $7
B. $12
C. $15
D. $18

Respuesta :

D. 18

100 * 0.06 = 6
6 * 3 years = 18

Answer:

18

Step-by-step explanation:

Hope it helps :D