Question

Don't worry about the first one I need help with the second one

Answer 1

5 years

Explanation:

We have that the corresponding formula is the following:

`I=p\cdot r\cdot t`

we know p ($ 2,000.00), also I ($450.00, $2450-$2000) and r (4.5%), that is, the value of t is missing, which is the time in years, we replace and calculate just like this:

`\begin{gathered} 2450=2000\cdot0.045\cdot t \\ t=(450)/(2000\cdot0.045) \\ t=5 \end{gathered}`

Therefore, the time would be equal to 5 years