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Understanding Computer Modelling Group Stock Price Trends

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Understanding Computer Modelling Group Stock Price Trends
Computer Modelling Group: Analyst Update & Stock Forecast | Stock ...
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Computer Modelling Group Announces Stock Split
Computer Modelling Group Announces Year-End Results

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Question**: A bank account earns simple interest at a rate of 5% per annum. If $1,200 is deposited, how much interest is earned in 3 years?
Interest = Principal \(\times\) Rate \(\times\) Time
Interest = \( 1200 \times 0.05 \times 3 = 180 \, \text{dollars} \)

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