Alice’s savings account earns 3.75% interest per year. If she put $9,500 into the savings account, how much interest would be earned in a year?

Hello,I hope you and your family are doing well!To calculate the amount of interest earned on a savings account, you can use the following formula:interest = principal * rate * timeIn this case, the principal is $9,500, the rate is 3.75%, and the time is 1 year. Plugging these values into the formula, we get:interest = $9,500 * 3.75% * 1 year = $356.25So, in a year, Alice would earn $356.25 in interest on her savings account.—–Please consider giving this 5 stars and brainliest if you find it helpful.Happy Holidays!