Complete the table below to solve the equation 2.5x − 10.5 = 64(0.5x).
2 answers:
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Answer:
Principle for account B is greater.
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Step-by-step explanation:
First of all, let us have a look at the formula for Simple Interest:
Where is the principle amount
is the Rate of interest per annum
is the time in years.
Time = 21 months =
Let the Principles be .
Using the formula for Simple Interest, we get:
Therefore, <em>principle for account B is greater</em>.