Respuesta :

1500× 4.5% = 67.50 + 1500= 1,567.50

assuming is simple interest.

let's bear in mind that 15 months is more than a year, is actually 15/12 years.

[tex]\bf ~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$1500\\ r=rate\to 4.5\%\to \frac{4.5}{100}\dotfill &0.045\\ t=years\to \frac{15}{12}\dotfill &\frac{5}{4} \end{cases} \\\\\\ A=1500\left(1+0.045\cdot \frac{5}{4} \right)\implies A=1500(1.05625)\implies A=1584.375[/tex]