Respuesta :

Answer:

[tex]I=\text{ \$67.5 }[/tex]

Step-by-step explanation:

Simple interest is represented by the following equation:

[tex]\begin{gathered} I=P\cdot R\cdot T \\ \text{where,} \\ P=\text{ money invested} \\ R=interest\text{ rate (decimal form)} \\ T=\text{time } \end{gathered}[/tex]

Hence, for $750 at a simple interest of 6% for 18 months:

[tex]\begin{gathered} I=750\cdot0.06\cdot1.5 \\ I=\text{ \$67.5 } \end{gathered}[/tex]