Question

$43,800 at 4.8% for 2 years

Answer 1

43800*2=87600
87600*480/100=420480

Answer 2

It would be: P * R * T /100
= 43800 * 4.8 * 2 /100
= 420480 / 100
= 4204.80

So, your final answer is $4204.80

Hope this helps!