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.
