Shen deposits $6000 into an account that pays simple interest at an annual rate of 2% . He does not make any more deposits. He makes no withdrawals until the end of 6
years when he withdraws all the money. Answer the following questions. If necessary, refer to the list of financial formulas. (a) How much total interest will Shen earn? (b) What will the total amount in the account be (including interest)?