ANSWER:
5 years
STEP-BY-STEP EXPLANATION:
We have that the corresponding formula is the following:
[tex]I=p\cdot r\cdot t[/tex]
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:
[tex]\begin{gathered} 2450=2000\cdot0.045\cdot t \\ t=\frac{450}{2000\cdot0.045} \\ t=5 \end{gathered}[/tex]
Therefore, the time would be equal to 5 years
