Answer :
We can use the compounded interest formula to find the interest earned given the information on the problem:
[tex]\begin{gathered} P=9350 \\ r=0.05 \\ t=3 \\ \Rightarrow A=9350(1+\frac{0.05}{2})^{2\cdot3}=9350(1+0.025)^6=10843.13 \end{gathered}[/tex]we have that after 3 years, the ammount acquired is $10843.13, which means that the interest earned is 1493.13