If investment A returns 5% simple interest annually, how much interest does $2,000 earn in 3 years? A $100 B $200 C $300 D $315.25 ✓ Correct Answer: Option C Simple interest = P × r × t = $2000 × 0.05 × 3 = $300. Practice SAT Exam Prep Quizzes → Browse All Questions Study Flashcards