Holly opened a savings account at a local bank. She deposited $3,100.00 into the account 10 years ago. If the account earns an annual simple interest rate of 5.1%, how much interest has she earned?
Step-by-step explanation: Okay so 1% of 3100 would be 31. And then multiply that by 5.1 is 158.1. This multiplied by the ten years would be 1581 dollars in interest.
