Answer:
Interest = $ 90000
Step-by-step explanation:
Given, Principal= $15000
Rate = 3%
Time = 5 years
Interest = P × R × T/100
Therefore, Interest = 15000 × 3 × 5/100
(dividing 100 by 5 to get 20)
= 15000 × 3 × 20
= 90000
if it helps don't forget to like and mark me down
