What would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135
Using this formula
Yearly earnings =Savings×Annual interest rate
Where:
Savings=9,000
Annual interest rate=1.5%
Let plug in the formula
Yearly earnings=9,000×1.5%
Yearly earnings =$135
Therefore what would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135
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