Find the Simple Interest on a $2,000 Investment Made for 5

Multiple Choice

Find the simple interest on a $2,000 investment made for 5 years at an interest rate of 5% per year. What is the future value ?

A) The simple interest is $500, the future value is $2,500.
B) The simple interest is $480, the future value is $2,500.
C) The simple interest is $530, the future value is $2,480.
D) The simple interest is $480, the future value is $2,480.
E) The simple interest is $490, the future value is $2,490.