Find the Accumulated Amount at the End of 6 Months

Multiple Choice

Find the accumulated amount at the end of 6 months on an $400 deposit in the bank paying simple interest at the rate of 3% year. ​

A) The accumulated amount is $411.
B) The accumulated amount is $413.
C) The accumulated amount is $416.
D) The accumulated amount is $418.
E) The accumulated amount is $406.