Donna deposits into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 6 years?

How much did she deposit?

To determine how much interest Donna will be paid in the first 6 years, we first need to calculate the amount of interest earned each year and then sum it up.

The formula for calculating simple interest is:

Interest = Principal × Rate × Time

Given that the principal (amount deposited) is not mentioned in the question, we'll assume it to be $1.

So, for the first year, the interest Donna will earn is:

Interest1 = Principal × Rate × Time = $1 × 5% × 1 year = $0.05

For the second year:

Interest2 = Principal × Rate × Time = $1 × 5% × 1 year = $0.05

And so on, for the third, fourth, fifth, and sixth years:

Interest3 = Principal × Rate × Time = $1 × 5% × 1 year = $0.05
Interest4 = Principal × Rate × Time = $1 × 5% × 1 year = $0.05
Interest5 = Principal × Rate × Time = $1 × 5% × 1 year = $0.05
Interest6 = Principal × Rate × Time = $1 × 5% × 1 year = $0.05

Now, to find the total interest earned in the first 6 years, we add up the individual interest amounts:

Total Interest = Interest1 + Interest2 + Interest3 + Interest4 + Interest5 + Interest6
= $0.05 + $0.05 + $0.05 + $0.05 + $0.05 + $0.05
= $0.30

Therefore, Donna will be paid $0.30 in interest in the first 6 years.