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39 votes
39 votes
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.

User JuanSedano
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1 Answer

15 votes
15 votes
2.40 times two would be 2.2
User Pavel Zhuravlev
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3.4k points
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