multiply 3,000 by 0.03 which will get you 90 which is 3% of that for one year and for two years you just multiply 90 by 2 and get 180. subtract 180 from 3,000
If during a given month your average daily credit card balance is $800 and your yearly interest rate is 17%, then the interest you owe on your credit card for that month would be: $11.33
