One year ago, Lindsey deposited $250 into a savings account. Her balance is now $253. Two years ago, Jenn deposited $250 into a
savings account. Her balance is now $257.50. Which account has the greater simple interest rate? Explain
2 answers:
Answer:
Jenn's account has a greater simple interest rate.
Lindsey's interest in 1 year was $3
Jenn's interest in 2 years was $7.50 if you divide $7.50 by 2 the answer would be 3.75 therefore Jenn's account has the greater simple interest rate.
Answer:
Jenn's account has a greater simple interest rate.
Lindsey's interest in 1 year was $3
Jenn's interest in 2 years was $7.50 if you divide $7.50 by 2 the answer would be 3.75 therefore Jenn's account has the greater simple interest rate.
Step-by-step explanation:
You might be interested in
Answer:
b
Step-by-step explanation:
The area of a lateral area of the cylinder is L.S.A. and =
<span>
i cant use the pie symbol on here </span>
5.67 (performed on a calculator)
I’m pretty sure it’s just 28
Answer:
15
Step-by-step explanation:
(400-250) divided by 9.5
