Answer:
$154.52
Step-by-step explanation:
First, you need to know the formula for this type of question.
The formula is I = Prt. These variables are: I = Interest, P = Principle investment, r = Rate, and t = Time.
So, your equation is I = 572.30(0.045)(6), where you have to find "I".
If you multiply 0.045 and 6, you get 0.27. Then, you multiply 0.27 and 572.30, which is 154.521.
The interest you earn will be $154.521. You can round the thousandths digit based on how you have been taught to do, but I will round the answer to 154.52.
Good luck!
