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2 years ago

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:

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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Answer:

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Step-by-step explanation:

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