[tex]\bf \qquad \textit{Simple Interest Earned}\\\\
I = Prt\qquad
\begin{cases}
I=\textit{interest earned}\\
P=\textit{original amount deposited}\to& \$6000\\
r=rate\to 5.5\%\to \frac{5.5}{100}\to &0.055\\
t=years\to &2
\end{cases}
\\\\\\
I=6000\cdot 0.055\cdot 2[/tex]
