Question

if Dakota earned 7.50 in interest in Account A and ​$20.00 in interest in Account B after 15 months If the simple interest rate is 3% for Account A and ​4% ​% for Account​ B, which account has the greater​ principal? Explain.

Answer 1

keeping in mind that 21 months is more than a year, since there are 12 months in a year, then 21 months is really 21/12 years.

Explanation:

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so, clearly, you can see who's greater.