Anita has $300 in her savings account that earns 5% annually. the interest is not compounded. how much interest will she earn in 1 year?

$15

Step-by-step explanation:

We are given that

Anita has money in her saving account=$300

She earns annually=5%

We have to find the value of interest she will earn in 1 year when the interest is not compounded.

P=300, r=5%,t=1

To find the value of interest we will use the formula of simple interest.

Simple interest,I=

Substitute the values in the formula then, we get

Interest=

Hence, she will earns interest in 1 year=$15

5

step-by-step explanation:

i got 142 as my answer

step-by-step explanation: