Answer:
$36
Explanation:
You are going to want to use the simple interest formula for this. The one below is modified for solving the interest earned.

I = interest amount
P = principal amount
r = interest rate (decimal form)
t = time (years)
First, change 4% into a decimal:
4% ->
-> 0.04
Now, plug the values into the equation:


The interest earned is $36