Answer:
[tex] \huge{ \fbox{ \sf{ \: \$ \: 480}}}[/tex]
Step-by-step explanation:
[tex] \star{ \sf{ \:Principal \: ( \: P \: ) = \$ \: 4000}}[/tex]
[tex] \star{ \sf{ \: Rate \: ( \: R \: ) \: = 3\% = \frac{3}{100} = 0.03}}[/tex]
[tex] \star{ \sf \: \: Time \: ( \: T \: ) \: = 4 \: years}[/tex]
[tex] \underline{ \sf{Finding \: the \: Interest}}[/tex]
[tex] \boxed{ \sf{Interest \: = P \: \times \: R \: \times \: T}}[/tex]
[tex] \longmapsto{ \sf{ \: Interest = 4000 \times 0.03 \times 4}}[/tex]
[tex] \longmapsto {\sf{Interest = \$ \: 480}}[/tex]
Hope I helped!
Best regards! :D
~[tex] \text{TheAnimeGirl}[/tex]
