Asked by Nicole

chris put $1,500 in a savings account at an annual interest rate of 5%. If chris does not deposit or withdraw any money, what is the amount of interest chris will earn the first year her money is in the savings account? use the formula i=prt
Answered by Ms. Sue
What don't you understand about this problem?

Answered by Nicole
how do you solve this question?
Answered by Ms. Sue
Plug the numbers into the formula.

Answered by Nicole
percentage= 5%
rate=?
time= 1 year
Answered by Ms. Sue
Principal = 1500
Rate = 0.05
Time = 1

Answered by Nicole
From there on what's the next step?
Answered by Nicole
Is that's the answer?
Answered by Anonymous
idk
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