Respuesta :
The final amount left in her bank account = $643.2
What is simple interest?
- Simple Interest (S.I.) is the method of calculating the interest amount for a particular principal amount of money at some rate of interest.
- The formula to calculate the simple interest is [tex]\frac{PNR}{100}[/tex]
where P is the principle amount
N is the number of years(time)
R is the rate
How to calculate how much money will be in the account?
According to the problem,
- $600 is the principle amount
- rate is 1.2 %
- Time is 6 years
∴ Net amount after 6 years = P + ( [tex]\frac{PNR}{100}[/tex])
= $ { 600 + [tex]\frac{(600)(6)(1.2)}{100}[/tex]}
= $ 643.2
∴ Net amount after 6 years is $ 643.2
Find out more about about 'Simple interest' here: https://brainly.com/question/25793394
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