Option A
The simple interest earned over 6 years is $ 4050
<em><u>Solution:</u></em>
Martha invested a principal amount of $15,000 into a savings account that earns simple interest at a rate of 4.5% per year
<em><u>The formula for simple interest is given as:</u></em>

Where, "p" is the principal and "n" is the number of years and "r" is the rate of interest
From given,
p = 15000
r = 4.5 %
n = 6 years
<em><u>Substituting the values we get,</u></em>

Thus simple interest earned over 6 years is $ 4050
Answer:
10494
Step-by-step explanation:
trust
Answer:
1) $38.40 2) $255. 3) $5.80 4) $3.12
Step-by-step explanation:
So you have to multiply the years by the amount of money you have. Then you multiply that by the percent and divide by 100. (For the last one: because its a month you have to make it a fraction so it was 8/12)