math promlem

 

suppose $125.00 is placed in a savings account for 2 years. find the amount of interest and the total amount if the account earned 4.5% during this time period     

 

 

Amount of Interest                      $125.00 x 4.5%  =     

                                                    $125.00 x 0.045  =  $5.625     

round to even number                                            =  $5.62     

 

 

Total Amount Now                      $125.00 + $5.62  =  $130.62     

_.