Answer:
Marsha earned interest = $850
Step-by-step explanation:
Amount deposited = $8500
Time = 2 years
Interest rate = 5% = 0.05
We need to find how much did Marsha earn in interest
The formula use is: [tex]I=P\times r \times t[/tex]
Where I is interest earned, P is amount deposited, r is interest rate and t is time.
Putting values and finding interest.
[tex]I=P\times r \times t\\I=8500\times 2\times 0.05\\I=850[/tex]
So, Marsha earned interest = $850
