Mr. gardener has $300,000 in his savings account and receives 8 1 3 % interest annually. what interest (in dollars) does he receive annually?

Clarification to the question is that Mr. Gardener receives 8 and 1/3% (or 8.33%) interest annually.

The calculation is as follows

(money) (%interest) = interest

(300000) (8.33%) = interest

(300000) (0.0833) = interest

interest = 24990 or roughly 25000 anually