Answer:
$144 interest
Step-by-step explanation:
SInce it is a simple interest you have to solve like this
Principal x Interest rate x term
so it will be
3,000 x 4.8% x 1
= 144$ interest in one year without any withdrawal.
According to the poster you have to invest $3000 or more, and 3,000 is the minimum principal amount so it will yield the minimum interest that you could get in a year.
I hope that this could help :)
