Question

HELP

Answer 1

So I = Prt 

I for interest charge 
P for principal ($4,840)  
r for rate (6%)
t for time (2 yrs) 

So you would then plug the information into the equation.....

I = 4,840*.06*2 
I = 580.80 

So the answer to your question is $580.80 which is option B

Hope this helps! :)