Respuesta :

We have the following equation to find the simple interest given a rate r at a time t:

[tex]I=C\cdot r\cdot t[/tex]

where C represents the initial amount.

In this case, we have the following:

[tex]\begin{gathered} C=4000 \\ t=4.5\%=0.045 \\ t=6 \\ \Rightarrow I=4000(0.045)(6)=1080 \\ I=1080 \end{gathered}[/tex]

therefore, the interest after 6 years will be $1080

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