SOLUTION:
What is the simple interest for $450 invested in a savings account for 2.25% for 2 years?
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Question 733429:
What is the simple interest for $450 invested in a savings account for 2.25% for 2 years?
Answer by checkley79(3341) (Show Source): You can put this solution on YOUR website!
450(1+.0225)^2
450(1.0225)^2
450*1.0455=$470.48 ans.
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