Answer:
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
P represents the principal
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T = 2 years
P = $600
R = 3%
Therefore
I = (600 × 3 × 2)/100
I = 3600/100
I = $36
She keeps her money in the account for 2 years. It means that at the end if 2 years, the money in her account would be
600 + 36 = $636
