Answer:
$30
Step-by-step explanation:
Over 5 years she will have been paid $30 in interest. To find the amount of interest first find the total amount the account has after 5 years. The formula for simple interest is A=P(1+rt). Where A is the total amount, P is the principal (initial amount), r is the rate in decimal form, and t is the time in years.
Plug in the values to solve, A=200(1+0.03*5). Then, simplify to get A=230. Finally, to get only the interest, I, use the formula A-P=I. So, 230-200=30. Therefore, the interest Leila earned was 30 dollars.
