18 Months
Kelly's Account: 4000-80(18)= 2560
Dylan's Account: 1500+60(18)=2580
The answer to this question is B!
Answer:
2.5 years
Step-by-step explanation:
Given data
P=9000
r= 1.25%
A= 9281.25
The simple interest expression is given as
A=P(1+rt)
substitute
9281.25= 9000(1+0.0125*t)
9281.25=9000+112.5t
collect like terms
9281.25-9000=112.5t
281.25= 112.5t
t= 281.25/112.5
t= 2.5
Hence the time is 2.5 years
good lesson and good day ^-^