[tex]6 \times 12 = 72[/tex]
first, we need to determine if how many months will the rate of increase be multiplied.
note: simple interest means monthly interest
[tex]0.5\% \times 72 = 36\%[/tex]
second, we need to determine the total rate of increase in the past 6 years
[tex]30000 \times 36\% = 10800[/tex]
third, we need to determine the equivalent amount of the rate of increase
[tex]30000 + 10800 = 40800[/tex]
lastly, add the original amount with the increase
FINAL ANSWER:
After 6 years, Angel will have 40,800 pesos in her bank account.
