Final answer:
To calculate the interest earned, we need to use the formula: Interest = Principal × Rate × Time. Given that Adriana invested $4,500 for 8 months at an interest rate of 1.9%, the interest earned is $57.37.
Step-by-step explanation:
To calculate the amount of interest earned, we need to use the formula:
Interest = Principal × Rate × Time
where:
- Principal is the amount of money invested
- Rate is the interest rate
- Time is the duration of the investment
Given that Adriana invested $4,500 for 8 months at an interest rate of 1.9%, we can calculate the interest earned by substituting the values into the formula:
Interest = $4,500 × 1.9% × (8/12)
Interest = $57.37 (rounded to the nearest cent)
The correct answer is not among the options provided. The closest option is $76.50, but this is incorrect. Therefore, the correct answer is not listed.