Answer:
$132
Step-by-step explanation:
Calculation for yearly earnings for a person with $4,400
Using this formula
Yearly earnings = Savings amount × Annual interest rate percentage
Where,
Savings amount =$4,400
Annual interest rate percentage =3%
Let plug in the formula
Yearly earnings = $4,400×0.03
Yearly earnings = $132
Therefore the Yearly earnings will be $132