Answer:
$135
Step-by-step explanation:
P is the principal amount, $600.00.
r is the interest rate, 4.5% per year, or in decimal form, 4.5/100=0.045.
t is the time involved, 5....year(s) time periods.
So, t is 5....year time periods.
To find the simple interest, we multiply 600 × 0.045 × 5 to get that:
:) hope this helps
