3 years ago

What would be the answer to this?

1 answer:

6 0

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You place $4,000.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in an account with an interest ra

Mila [183]

First account
interest = 6/12 × 5.25% × 4,000
interest = 1/2 × 5.25/100 × 4,000
interest = 1/2 × 210
interest = 105 dollars

Second account
interest = 6/12 × 6% × 2,000
interest = 1/2 × 6/100 × 2,000
interest = 1/2 × 120
interest = 60 dollars

After 6 months, the first account will have earned more interest than the second account

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2 years ago

Can 2 Yards And 60 Inches Be Expressed as a ratio. If Yes, Express In Simplest Form .

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Answer:

Step-by-step explanation:

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2 years ago

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