The answer is option 2. Pam will earn an interest of $133.50 from his savings account of $890 with an interest of 3%. Simple interest, also known as flat rate interest, is an interest to be paid or earned each year having a fixed percentage from a principal amount. <span>It is calculated as follows:</span>
$890 x .03 x 5 = $133.50
Something like: the line goes through points (1,2) (3,4) and (11,12)
You would do ten columns of ten and then you would just do the remaining.
