Leeza deposited $1,600 in a savings account with a simple interest rate of 4.5%. How much interest will Leeza earn after 6 years if she makes no additional deposits or withdrawals?
Explanation: use the forumula I = P*r*t P= principle amount (the amount she starts with), which was 1,600 R= the interest rate, which was 4.5 percent T= time, which was 6 years
