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
Hope this helps!
Stay safe and have a great day :D
When you divide two fractions, you're actually multiplying one of them by the reciprocal of the other. First, find the reciprocal of the second fraction by flipping it upside down. Then, multiply it by the first fraction. (Numerator x numerator and denominator x denominator)
÷
Replace the second fraction with it's reciprocal
x
Multiply (-7 x 3 and 12 x 2)
Both 21 and 24 are divisible by three, so divide them by 3
154.35 - 10.37 = 143.98
143.98 - 27.83 = 116.15
10.37 = 116.15x
x = 0.0893
Change x to percent form to get 8.93% tax rate.