Respuesta :

pk6896
Simple interest formula:
I=Prt  where I = interest p=principle and r and A=P(1+rt)  where A = the amount accumulated over t years.
plug in your values 
principle=  500
r=.04
t=3
A=300(.04)(3)
A=$545
kaizeooi

500x4%x3=60 the answer is $60

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