If 452,000 people each receive an average refund of $2,200, based on an interest rate of 4 percent, what would be the lost annual income from savings on those refunds? (Do not round intermediate calculations.)

answer: ouch. thats difficult

step-by-step explanation:

saving = more money

step-by-step explanation:

if you have 100 bucks, and you want to buy a candy bar, even if you have one at home, if you choose not to buy it, you save.

~courtney