Find the simple interest on $10000 at 4% per annum for 12 months? Choose the most appropriate option
A) $400 B) $500 C) $650 D) $710 E) $1000
P = $10000   R = 4%   T = 12/12= 
<gadget id="calculator">12/12</gadget>
<output>1</output>
1 YEAR   S.I.= P*R*T/100 = 10000*4*1/100= 
<gadget id="calculator">10000*4*1/100</gadget>
<output>400</output>
$400   $400nswer is $400
<result>A</result>
Find the simple interest on $10000 at 4% per annum for 12 months?