1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Step2247 [10]
3 years ago
13

if Dakota earned $15.75 in interest in account A and $28.00 in interest in account B after 21 months. if the simple interest rat

e is for 3.0% for account A and 4.9% for account B, which account had the greater principal? Explain.
Mathematics
1 answer:
NISA [10]3 years ago
3 0

keeping in mind that 21 months is more than a year, since there are 12 months in a year,  then 21 months is really 21/12 years.


\bf ~~~~~~ \stackrel{\textit{account A}}{\textit{Simple Interest Earned}} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill &15.75\\ P=\textit{original amount deposited}\dotfill \\ r=rate\to 3\%\to \frac{3}{100}\dotfill &0.03\\ t=years\to \frac{21}{12}\dotfill &\frac{7}{4} \end{cases} \\\\\\ 15.75=P(0.03)\left( \frac{7}{4} \right)\implies \cfrac{15.75}{(0.03)\left( \frac{7}{4} \right)}=P\implies \boxed{300=P}


\bf ~~~~~~ \stackrel{\textit{account B}}{\textit{Simple Interest Earned}} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill &28\\ P=\textit{original amount deposited}\dotfill \\ r=rate\to 4.9\%\to \frac{4.9}{100}\dotfill &0.049\\ t=years\to \frac{21}{12}\dotfill &\frac{7}{4} \end{cases} \\\\\\ 28=P(0.049)\left( \frac{7}{4} \right)\implies \cfrac{28}{(0.049)\left( \frac{7}{4} \right)}=P\implies \boxed{326.53\approx P}


so, clearly, you can see who's greater.

You might be interested in
Negative four times the sum of a number and 3 is at least 28, translate.
user100 [1]

Answer: -4 * (n+3) \geq 28

Step-by-step explanation:

Negative four -> -4

Times the sum of a number and 3 -> -4 * (n + 3)

Is at least 28 -> -4 * (n+3) \geq 28

5 0
2 years ago
The length of a rectangle is 24 units. Can the perimeter x of the rectangle be 60 units when its width y is 11 units?
olganol [36]
No the rectangle cannot have x = 60 and y = 11 because x = 48 + 2y
4 0
3 years ago
Read 2 more answers
Find the new amount given the original amount and the percent of change.
QveST [7]
So 45% of 35 is 16.2 so subtract 16.2 from 36 and you get A 19.2
4 0
2 years ago
Find the 12th term of the geometric sequence 1, 2,4
irakobra [83]

Answer:

The 12th term in the sequence is 22

5 0
3 years ago
Read 2 more answers
What's the answer to the math problem 8r+4=10+2r
mart [117]
In order to solve for r you have to place all the number in one side. then isolate r ......  r=1

6 0
3 years ago
Other questions:
  • The measure of the acute angles of the right triangle below are represented by x and y. In this triangle y is 15 less twice x
    6·1 answer
  • The expression \dfrac12bh 21​ bhstart fraction, 1, divided by, 2, end fraction, b, h gives the area of a triangle where bbb is t
    13·2 answers
  • What is the slope of the line (-1 6) and (2 -3)
    6·2 answers
  • Ava is 23 cm Taller than olivia, and olivia is half the height of lucas. if Lukas is 1.78 meters tall how tall are ava and Olivi
    14·1 answer
  • A season pass to the local water park costs 84. If you go to the park ten times during the season, what is the unit rate of cost
    14·1 answer
  • Which coin will touch the bottom first?25°c and 25°f​
    5·1 answer
  • The president of a university claimed that the entering class this year appeared to be larger than the entering class from previ
    9·2 answers
  • !!!PLEASE HELPPP!!!! what is the answer to 4-(9-8)+3
    8·2 answers
  • A local store has a puppy that weighs 88 ounces. How many pounds does the puppy weigh given that 1 pound = 16 ounces?
    15·2 answers
  • The sum of twice the number x and 25 more than three times the number y
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!