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Sagot :
The amount of money Ricky could have in savings after two more years is $2,165.57.
Calculation of balance in savings
Saving for 12 months = $173.19 * 12 = $2,078.28
Annual interest earned = Saving for 12 months * Simple interest rate = $2,078.28 * 2.1% = $43.64388
Savings balance after 2 years = Saving for 12 months + (Annual interest earned * Number of years) = $2,078.28 + ($43.64388 * 2) = $2,078.28 + $87.28776 = $2,165.57
Learn more about interest here: https://brainly.com/question/16134508.
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