Answer:
Jenny earns $36 in interest per year.
Step-by-step explanation:
1200/ 12 = 100
3% of 100 is 3.
3 x 12 = 36
Answer:$108
Step-by-step explanation:
principal(p)=$1200
Rate(r)=3%
Time(t)=3 years
simple interest=(p x r x t) ➗ 100
Simple interest=(1200x3x3) ➗ 100
Simple interest=10800 ➗ 100
Simple interest=108
Simple interest=$108
