Question

Raoul saves $14.50 each month for 3 months. He puts his money in the bank and earns $0.33 interest . Hector puts \$3.60 e each week in his piggy bank for 12 weeks . How much more money does Raoul have at the end than Hector? Tell how you found your answer.

Answer 1

Answer:

$0.63

Step-by-step explanation:

Raoul saves $14.50 each month for 3 months. Total amount saved is 14.50 * 3 = $43.50

He earned an interest of $0.33.

The total amount of money he has is thus: 43.50 + 0.33 = $43.83

Hector puts $3.60 each week for 12 weeks. Total amount save by Hector is thus 3.60 * 12 = $43.2

Now we are asked to get how much money Raoul has. To get this, we simply subtract the amount of money Hector has from that of Raoul

That would be 43.83 - 43.2 = $0.63