Find the simple interest on $1200 for 5 years at 20% per annum? Choose the correct choice.
A) $1200  B) $1000  C) $500  D) $1100  E) $1500
SI = PTR/100   = 1200*5*20/100= 
<gadget id="calculator">1200*5*20/100</gadget>
<output>1_200</output>
$1200   $1200nswer is $1200
<result>A</result>
Find the simple interest on $1200 for 5 years at 20% per annum?