There are 26 people in a business meeting. At some point or another during the meeting, each person shakes hands once with every
1 answer:
You might be interested in
Emily earned $166 more in her account than Katie.
We use the compound interest formula for both of these:
For Katie's deposit:
This gives Katie 6083.26-5000 = 1083.26 in interest (1083, to the nearest dollar).
For Emily's deposit:
This means she earned 11248.64-10000=1248.64 in interest (1249, to the nearest dollar).
The difference in interest is given by 1249-1083=166
We use the compound interest formula for both of these:
For Katie's deposit:
This gives Katie 6083.26-5000 = 1083.26 in interest (1083, to the nearest dollar).
For Emily's deposit:
This means she earned 11248.64-10000=1248.64 in interest (1249, to the nearest dollar).
The difference in interest is given by 1249-1083=166