You have 2 different savings accounts. For Account A, the simple interest earned after 9 months is $2.40. For Account B, the

Question

3 years ago

11

You have 2 different savings accounts. For Account A, the simple interest earned after 9 months is $2.40. For Account B, the

simple interest earned after 30 months is $27.50. If the interest rate is 3.2% for Account A and 2.2% for Account B, how much is the principal in each account? Which account earned you the most interest the first month? Explain your answer.

Mathematics

1 answer:

BlackZzzverrR [31] · Answer 1 · 2022-12-10T08:42:15+03:00

BlackZzzverrR [31]3 years ago

8 0

2.40 times two would be 2.2

You have 2 different savings accounts. For Account​ A, the simple interest earned after 9 months is ​$2.40. For Account​ B, the

You have 2 different savings accounts. For Account A, the simple interest earned after 9 months is $2.40. For Account B, the