Using a savings interest calculator, I found that either way your savings grow by exactly $1,020.20, so they share the same interest.
- Simplify both sides of the equation
=>x+5+4−5=x+54
=>x+5+4+−5=x+54
=>(x)+(5+4+−5)=x+54(Combine Like Terms)
=>x+4=x+54
=>x+4=x+54
- Subtract x from both sides
=>x+4−x=x+54−x
=>4=54
- Subtract 4 from both sides
=>4−4=54−4
=>0=50
The answer to this problem is 2/5