Question

How much simple interest is earned on $6,000 at an interest rate of 2.25% in 4 1/2 years ?

Answer 1

Answer: actually It would be 675

Explanation:

you put 4.5 which that is wrong it would just be 5 so it would be

I=p*r*t

I=6,000*0.0225*5=675

and that would be your answer

Answer 2

I believe the answer is 607.50