You have $500 in a savings account that earns 5% simple interest each year. How much will be in your account in 5 years?(total)
A. $125
B. $625
C. $12,500
D. $12.50​

Respuesta :

Answer: B

Step-by-step explanation:

5% of 500 is 25, 25 x 5 is 125, 125 + 500 is 625