Answer: the amount of interest that she would earn is $192.
Step-by-step explanation:
We would apply the formula for determining simple interest which is expressed as
I = PRT/100
Where
I represents interest paid on the amount of money deposited.
P represents the principal or amount of money deposited.
R represents interest rate on the deposit.
T represents the duration of the deposit in years.
From the information given,
P = $800
R = 4%
T = 6 years
Therefore,
I = (800 × 4 × 6)/100
I = $192
