He's curious to see how much it will grow to if he earns interest on it. His mother tells him that she has about $3,000 in the same kind of account and she earned $60 last year. About how much interest could Tim expect to earn in a year?    A.  $2.00  B.  $0.60  C.  $6.00  D.  $20.00

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ISBN:9780470458365
Author:Erwin Kreyszig
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Tim was given $100 for his twelfth birthday. He's curious to see how much it will grow to if he earns interest on it. His mother tells him that she has about $3,000 in the same kind of account and she earned $60 last year. About how much interest could Tim expect to earn in a year?
 
 A. 
$2.00
 B. 
$0.60
 C. 
$6.00
 D. 
$20.00
 
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