Glenn will earn $1800 in 4 years because for one year the interest is $450 so in four it would be $1800
Total compounded interest = P(1 + r)^t - P
Total compounded interest = [15,000 (1 + 0.03)^4 ] - 15,000
Total compounded interest = 16,882.63 - 15,000
Total compounded interest = 1,882.63
Answer: $1,882.63
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