SOLUTION: If i have 500.00 in a savings account how much will i earn with 4.5% interest in one year

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Question 660262: If i have 500.00 in a savings account how much will i earn with 4.5% interest in one year
Answer by ReadingBoosters(3246) About Me  (Show Source):
You can put this solution on YOUR website!
Convert 4.5% into a decimal
4.5/100 = .045
(.045)x(500) = $22.50