The simple interest earned on a deposit of $4,000 at 5% for 120 days. a. $24.00 b. $66.67 c. $240.00 d. $666.67

Option B    

Step-by-step explanation:

we know that

The simple interest formula is equal to

where

P is the Principal amount of money to be invested

r is the rate of interest in decimal form

t is Number of Time Periods in years

in this problem

we assume that

substitute in the formula above

can you add an image ?

step-by-step explanation:

by definition, an arc subtended by a central angle of some given measure has the same measure. so .