Suppose you need to find the dollar amount of interest you'd earn on a savings account: You deposit $5000 in a savings account that pays 1.5% annual interest.

Explain how you would find the dollar amount of interest you would earn. This amount comes out to $75--so we're not asking you for this answer of $75, instead we want to know how you would compute this number. If you would use a calculator, please describe exactly what you would punch into the calculator, and why.