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PLEASE HELP! THANKS A problem is listed below. Identify its type. Deborah deposits $300 into an account that pays simple interest at the rate of 6%.

PLEASE HELP! THANKS

A problem is listed below. Identify its type.

Deborah deposits $300 into an account that pays simple interest at the rate of 6%. How much will she have at the end of 5 months?

a) Effective Rate

b) Future Value with simple interest

c)Future Value with compound interest

d) Present Value with simple interest

e) Simple Interest

f) None of the above.

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