Mathwork question

Question

Isabel deposits $3000 into an account that pays simple interest at a rate of 5%

 per year. How much interest will she be paid in the first 4

 years? 

Answer 1

Multiply the $3000 times the simple interest rate - 5% (.05)

This equals $150 interest annually.

Multiply $150 * 4 years = $600

This is the amount of interest that will be earned in 4 years.