Question

Answer question 2

In the year 2000 the government send out or 91 million tax refund checks the average size of a tax refund check was $1,650 these people paid too much tax so they got a refund suppose this money had instead been in a savings account at 5% per year how much would a taxpayer have on this amount if too much tax have not been paid Circle one of these items to show what amount of lost interest could buy



One pic is showing you how to do stuff and 2nd pic is your options for question 2

Answer 1

The question is a bit vague. 

the 5% of interest in a year time would generate an income on the $1,650 of

1650 x 5% = 1650 x 0.05 = $82.5