PLEAS HELP I'LL MARK BRAINIEST
Jose earns $400 during the summer. He deposits it in an account that pays simple
interest at a rate of 3% per year. Which equation can you use to find the amount of simple interest that Jose earns in 1 year?
A. I = 400 x 3 x 1
B. I = 400 x 0.3 x 1
C. I = 400 x 0.03 x 1
D. I = 400 x 0.003 x 1