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Veseljchak [2.6K]
2 years ago
8

Which deposit earns more interest, $250 at 6% per year, or $400 at 4% per year? show how you know.

Mathematics
2 answers:
rosijanka [135]2 years ago
8 0

Answer:

<h2><u><em>$400 at 4%</em></u></h2>

Step-by-step explanation:

which deposit earns more interest, $250 at 6% per year, or $400 at 4% per year? show how you know.

6% of 250 =

250 : 100 * 6 = 15$

4% of 400 =

400 : 100 * 4 = 16$

cestrela7 [59]2 years ago
7 0

Answer:

$400 at 4% per year

Step-by-step explanation:

because then you put 400 and use the formula of interest you can see which gives bigger

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