To find the answer we must first <em>divide 3 by 100 to find its actual worth</em>, <em>3 ÷ 100 = 0.03</em>. Take <em>0.03 and multiply it by 5,000</em>, and you get<em> 150</em>. Now we have the <em>annual interest in a year</em>, so lets <em>multiply it by 4 years</em>, and we get <u><em>$600. </em></u>