if miranda perry invests $6700 in an account that earns a 6% annual simple interest rate, how much interest…

Explanation:

Step1: Identify the simple - interest formula

The simple - interest formula is $I = Prt$, where $I$ is the interest, $P$ is the principal amount, $r$ is the annual interest rate (in decimal form), and $t$ is the time in years.

Step2: Convert the given values

The principal amount $P=$6700$, the annual interest rate $r = 6%=0.06$, and the time $t=\frac{6}{12}=0.5$ years.

Step3: Substitute values into the formula

$I=Prt=6700\times0.06\times0.5$. $I = 6700\times0.03$. $I = 201$.

Answer:

$201$