Answer:
$283.70
Step-by-step explanation:
[tex]a = p {(1 + \frac{r}{n} )}^{nt} [/tex]
Where:
a = worth
p = principal (original amount)
r = interest rate (decimal)
n = repetitions per annum (1 for yearly interest)
t = number of years
[tex] a = 200 {(1 + \frac{0.06}{1} )}^{6} = \\ = 200 {(1 + 0.06)}^{6} = \\ = 200 {(1.06)}^{6} = \\ = 283.70[/tex]
