Scenario: A new Swimming pool is opening up this summer in the Bronx. Students that are 13 - 18 years old can use the pool, gym
, and exercise room with a membership. To get a membership , you must pay $40 to sign-up and $15 every two months. Create a table to determine how much u will pay in 1 yr...help me plz
1 answer:
You might be interested in
Answer:
The amount in the account at 12% interest is $3400 and the amount in the second account at 7% interest is $2600
Step-by-step explanation:
Let x be the amount in the account at 12% interest
So, 6000-x is the amount in the second account at 7% interest
First account:
Second account :
We are given that At the end of the first year he had earned $590 in interest.
So,
So,the amount in the account at 12% interest is $3400
The amount in the second account at 7% interest =6000-x=6000-3400=2600
Hence the amount in the account at 12% interest is $3400 and the amount in the second account at 7% interest is $2600