Answer:
a) The interest is earned in 3 years = 112.5
b) The total amount earned at the end of 3 years = 1672.5 rupees
Step-by-step explanation:
Given Carla has $1560 in a savings account that pays 2.5% simple interest
Interest = 1560 × 2.5 %
= 1560 × 0.025
= 37.5
The interest for one year = 37.5
The interest is earned in 3 years = 112.5
b) The total amount earned at the end of 3 years
= Amount + interest
= 1560 + 112.5
= 1672.5