Suppose your dog posit $250 in a new savings account paying a Yield of 3% interest if the count is left alone how much money will be in a tote Athena five years

Answer: The amount after a time period of 5 years is $287.5.Step-by-step explanation:Principal Amount  deposited   =  $250Time  = 5 YearsRate of interest = 3% Now, SIMPLE INTEREST = [tex]\frac{P \times R \times T}{100}[/tex]⇒[tex]SI = \frac{250  \times 3  \times 5}{100}   = 37.5[/tex]or, the interest amount after 5 years = $37.5Now, AMOUNT = PRINCIPAL + INTEREST                              =  $250  + $37.5  = $287.5Hence the amount after a time period of 5 years is $287.5.