Savings account A has $1,000 and pays 2% interest yearly. Savings account B has $800 and pays 5% yearly. The savings account that earned the most interest after one year is savings account Help

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jan 23, 2020 86.1k views

2 votes

Savings account A has $1,000 and pays 2% interest yearly. Savings account B

has $800 and pays 5% yearly. The savings account that earned the most
interest after one year is savings account
Help

Mathematics
middle-school

Bouvierr asked

by Bouvierr

7.9k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

4 votes

2% of 1000 is 20 and 5% of 800 is 40 so account b earns more

Vladyslav Plakhuta answered Jan 27, 2020

by Vladyslav Plakhuta

8.0k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

No related questions found

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

No related questions found

Other Questions