Answer:
$327.00 (total interest)
Step-by-step explanation:
This is simple interest
Converting R percent to r a decimal
r = R/100 = 3%/100 = 0.03 per year.
A = 300[1 + (0.03 × 3)] = 327
A = $327.00
Answer: 27.82
Step-by-step explanation: Based on Principal Amount of $300, at an interest rate of 3%, over 3 year(s):
