1. Jason deposited $2,000 into a savings account that earns 5% simple interest. How much interest did he earn after three years?
A $110.25
B $210.00
C $300.00
D $315.25

What is the sum of the geometric series in which a1 = 7, r = 3, and an = 1,701? hint: cap s sub n equals start fraction a sub one left parenthesis one minus r to the power of n end power right parenthesis over one minus r end fraction comma r ≠ 1, where a1 is the first term and r is the common ratio