Answer:
compound interest would be,
1495.91
and simple interest would be,
1470
Step-by-step explanation:
compound interest would look like,
1200 x 1.045 x 1.045 x 1.045 x 1.045 x 1.045
and simple interest would look like,
1200 x 0.045 = 54 = 4.5%
54 x 5 = 270
1200 + 270 = 1470
