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To solve this problem, we need to calculate the simple interest for Nicole's deposit using the simple interest formula:

\[
I = P \times r \times t
\]

Where:
- $ I $ is the interest,
- $ P $ is the principal amount (the initial deposit),
- $ r $ is the annual interest rate (expressed as a decimal),
- $ t $ is the time in years.

From the problem:
- $ P = 600 \, \text{dollars} $,
- $ r = 4\% = 0.04 $,
- $ t = 6 \, \text{years} $.

Now, substituting the values into the formula:

\[
I = 600 \times 0.04 \times 6
\]

\[
I = 144 \, \text{dollars}
\]

So, Nicole will be paid **$144** in interest over 6 years.

Let me know if you need more details or have any other questions!

Here are five related questions to think about:
1. How much total amount (principal + interest) will Nicole have after 6 years?
2. How would the interest change if the rate was 5% instead of 4%?
3. What if Nicole deposited $1000 instead of $600, how much interest would she earn?
4. How does simple interest compare to compound interest over time?
5. If Nicole withdraws part of her money before the 6 years, how does that affect the interest earned?

**Tip:** Simple interest grows linearly, meaning the interest earned is constant every year, as opposed to compound interest, which grows exponentially due to interest on interest.

Nicole deposits $600 into an account that pays simple interest at a rate of 4% per year. How much interest will she be paid in the first 6 years?

Learn how to calculate simple interest for Nicole's $600 deposit at an annual rate of 4% over 6 years. This problem illustrates key concepts such as simple interest, linear growth, and percentage calculations, suitable for Grades 6-8.

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