Neil places £2,000 in a bank account that pays 1.5% simple interest per year. How much interest will he earn in 6 years?

How much money does ron have left each month after his fixed expenses? ron graduated from college five years ago. he recently bought a house, but shares it with a housemate who pays him $800 a month for rent and utilities. ron is putting a budget worksheet together so he will have a better idea of where his money is going and where he can save. enlarge