Question

Gabrielle has $65,255 in a savings account. The interest rate is 3% per year and is not

Answer 1

Answer:

Interest earned = $\ 3915.30$

Step-by-step explanation:

$I=PRT$ ($I$ = interest, $P$ = principal, $T$ = time)

$I = 65255\times 0.03 \times2$

$=\ 3915.30$

∴ Gabrielle earns $\ 3915.30$ in 2 years.

Hope this helps :)