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Bob has $2,500 in a savings account that earns 3 % annually. How much will he earn in interest in 1 year?

Use the formula = , where is the interest earned, is the principal (starting amount), is the interest rate expressed as a decimal, and is the time in years.

Answer :

23BKEISERGO
He will earn $75 in interest in one year
RAVENJONES1000GO

Answer:

the answer is 2575 I believe

Step-by-step explanation:

(2500x3x1/100)

(2500+75)

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