Question

Antonia currently has $4,500 in her

Answer 1

Answer:

The amount of more money than Antonia that Cal will have in his account after 12 months is $100

Step-by-step explanation:

The given parameters are;

The amount Antonia currently has in her savings account, P₁ = $4,500

The amount Antonia saves per month, S₁ = $150

The amount Cal currently has in his savings account, P₂ = $3,400

The amount Cal saves per month, S₂ = $250

Let the

The amount, 'A₁', Antonia has in 12 months is given as follows;

A₁ = P₁ + 12 × S₁

∴ A₁ = $4,500 + 12 × $150 = $6,300

Similarly, the amount, 'A₂', Cal has in 12 months is found as follows;

A₂ = P₂ + 12 × S₂

∴ A₂ = $3,400 + 12 × $250 = $6,400

The amount of money than Antonia that Cal will have after 12 months, 'A₂₋₁', is given as follows;

A₂₋₁ = A₂ - A₁ = $6,400 - $6,300 = $100.

The amount of money than Antonia that Cal will have after 12 months, A₂₋₁ = $100.