$450 earns 5% per year. How much total in two years?
2 answers:
$450 * 5% = 22.5
$450 + $22.5 = total earned for one year, which is $472.5
472.5 * 2 = total earned for two years, $945
Hope this helps,
~*Starry*
It would be $855.00 because 5% of 450 is 22.5 and 450 - 22.5 is 427.5 then you times that by 2. i think
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