Account A has a simple annual interest rate of 2% and Account B has a simple annual interest rate of 3.5%. How much more interes
t do you eam per year when
you deposit x dollars in Account B instead of A?
1 answer:
9514 1404 393
Answer:
0.015x
Step-by-step explanation:
The amounts earned at the different rates are ...
at 2%: 0.02x
at 3.5%: 0.035x
The difference in earnings is ...
0.035x -0.02x = 0.015x
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