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Illusion [34]
2 years ago
5

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?
Mathematics
1 answer:
Nookie1986 [14]2 years ago
4 0

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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