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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
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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

User Bouvierr
by
7.9k points

1 Answer

4 votes
2% of 1000 is 20 and 5% of 800 is 40 so account b earns more
User Vladyslav Plakhuta
by
8.0k points
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