mathewholland25 mathewholland25
  • 13-05-2020
  • Mathematics
contestada

Gia opened two savings accounts at two different banks. One account earns an annual 3.4% simple interest, and the other earns half as much. If she deposited $500 in each account, how much total interest will she have earned in 3 years?

Respuesta :

fuzzylittlellama
fuzzylittlellama fuzzylittlellama
  • 13-05-2020

Answer:

1st Bank Account: $500*0.034*3=$51

2nd Bank Account: 3.4*2=1.7  $500*0.017*3=$25.50

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