Kyle bought a $2000 government bond that yields 6% in simple interest each year. Write the equation that gives the total amount A, in dollars, Kyle will receive when he sells the bond after t years...? Mcqs

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Kyle bought a $2000 government bond that yields 6% in simple interest each year. Write the equation that gives the total amount A, in dollars, Kyle will receive when he sells the bond after t years...?

(i) A= 2,000(1+.06)t
(ii) A= 2,000(1+.06t)

(iii) A= 2,000(1+.06)t
(iv) A= 2,000 (1+.06t)t



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