You have 2 different savings accounts. For Account A, the simple interest earned after 18 months is $5.70. For Account B, the simple interest earned after 21 months is $16.10. If the interest rate is 3.8% for Account A and 2.3% for Account B, how much is the principal in each account? Which account earned you the most interest the first month? Explain your answer.

Answers

Answer 1

Answer:
Principal in account A = $200
Principal in account B = $600
Account B earned more interest in the first month.
Step-by-step explanation:
Given two accounts:
Account A:
Time = 9 months = years
Interest rate = 3.8%
Interest earned = $5.70
Account B:
Time = 27 months = years
Interest rate = 2.4%
Interest earned = $32.40
To find:
Principal in each account.
Most interest earned in the first month?
Solution:
First of all, let us have a look at the formula for Simple Interest.

Putting the values for Account A and finding the value of Principal:

Now, Putting the values for Account B and finding the value of Principal:

Interest earned in one month i.e. years:
Account A:

Account B earned more interest in the first month.
Therefore, the answers are:
Principal in account A = $200
Principal in account B = $600
Account B earned more interest in the first month.

Related Questions

Mariah is an artist. She sets a goal to paint 2 pieces every month. She has already painted 5 pieces. The number of pieces Mariah paints depends on the number of months she spends painting. Which statement(s) describe the number of total pieces, t, Mariah paints over, m, months if she meets her goal? Select all that apply.

t is the independent variable and m is the dependent variable.

m is the independent variable and t is the dependent variable.

t increases by 2 as m increases by 1.

m increases by 2 as t increases by 1.

The equation representing the situation is m = 2 t + 5.

The equation representing the situation is t = 2 m + 5.

Answers

Answer:

2.5 months

Step-by-step explanation:

2 paintings in 1 month

4 paintings in 2 months

5 paintings in 2.5 months

Answer:

The answer is t=2m+5

Step-by-step explanation:

because she is painting 2 every month so 2*m and she started with 5 so you have to add the 5.

After 1 month she would have 7 paintings because 2*1=2 and add the 5.

After 2 months she would have 9 paintings becuase 2*2=4 and add the 5.

This would continue with each month.

1.Dakota bought 1.7 pounds of ham, 3.15 pounds of onions, and 6 cans of soup. What was the total cost before sales tax? Round your answer to the nearest cent.

2.The sales tax for the food Dakota bought is $0.79. He has a coupon for $1.85 off any purchase. Use your answer for 15 to find the final amount Dakota needs to pay.

Answers

Answer: 15.73

Step-by-step explanation:

A plumber charges $25 for a service call plus $50 per hour of service. Write an equation in slope-intercept form (y = mx + b) for the cost, C, after h hours of service.

Answers

Answer:

C= 25$ + 50$ * h

8 hours 425$

10 hours 525$

Systems By Graphing - Solve All Correctly For a Thanks, 5-Stars, And A Brianliest!

Answers

Answer:

Step-by-step explanation:

Amari= Graph C and Solution is (-6,-2)

Bella= Graph A and Solution is (3,4)

Carl= Graph B and Solution is (0,-3)

0 solutions because the slopes are the same. The lines will never cross because they are at the exact same angle.

No, I do not agree with Joey because the lines have different slopes and will lead to the system cross which is the solution.

1st graph: y=2x-1 and y=7 solution #1= (4,7)

2nd graph: y=-2x-3 and y=1/2x solution #2= (-2,1)

3rd graph: y=x and y= -1/5+6 solution #3= (5,5)

I had this exact same assignment a few months ago, my teacher didn't use the 2nd slide but I had the 1st and 3rd slide so this should help!

I NEED HELP PLEASE!!

Answers

Answer:

S. (3, 2)

T. (2, 4)

U. (1, 1)

S (-3,2)
T (-2,4)
U (-1, 1)

Please answer all the questions.

Answers

Answer:

i cant ope the doc

Step-by-step explanation:

um i need help on this lol

Answers

Answer:

um on what?

Step-by-step explanation:

⭐❤.☺☺☺☺☺the for the points ☺☺☺☺☺❤⭐

I don’t see the question but thanks for the free points

The area of a triangle is 24 square meters. The height of the triangle is 6 meters. What is the length of the triangle's base?

Answers

Answer:

the base is 8 units long

Step-by-step explanation:

area of triangle=1/2 times base times height

given that area=24 and height=6

24=1/2 times base times 6

24=1/2 times 6 times base

24=3 times base

divide both sides by 3

8=base

the base is 8 units long

The base is 8 meters long

you might have to zoom in because it is dark sorry

Answers

I’m sorry I would help but I can’t really see

The surface area is 896 cm

The composite figures below are made of right prisms.

Place the figures in order from least surface area to greatest surface area.

(Order them from least to greatest)

Will report if it is not what was asked

(6 points and Branleist if answered properly)

Answers

Answer: Yep

Step-by-step explanation:

Yeah the person above me is right

The figure below is cut into 20 equal parts. Shade 80% of the figure.

Answers

Answer:

shade 16 parts

its 16 parts good luck!!

I WILL GIVE BRAINY IF UR RIGHT

Answers

Answer:

Step-by-step explanation:

the first choice sorry if i wrong

(2x8 - 3y2) • (4x16 + 6x8y2 + 9y4)

Which figure is made with all triangular faces?
A. all pyramids
B. triangular prisms
C. triangular pyramids
D. triangular cubes

Answers

The anser is c. Triangular pyramids!

Triagular pyramids or tetrahedrons, are composed of only triangular shaped sides.

Hope this helps, if not, comment below please!!!

If you solve the inequality x + 6 ≥ 9, the solution set is x ≥ 3. Graph x ≥ 3 on a number line.
A. x>3
B. x<3
C. x<-3
D. x>-3

Answers

d would be the answer

A teacher spins a spinner divided into 3 equal sections to assign students to complete a test, project, or paper for the final assignment.

Answers

Answer:

1/3

Step-by-step explanation:

There are 3 options at random so the probability is 1/3

1/3 there are three total options that they could land on so the chance the could land on one of them is 1 out of 3

what is 12x÷6x^2
please help

Answers

2x^2 is the correct answer

I'm pretty sure that's the answer please tell me if I'm wrong

(I edited my answer to be right before I had 2x^3)

2x^2
i think i’m right but i don’t know but yeah

In the school store you can buy 20 calculators for $120 how much would 5 calculators be

Answers

Answer:

30 dollars

Step-by-step explanation:

120/20=6

6x5=30

Hope this helped.

Answer:

you would spend $30

Step-by-step explanation:

Help please I need the answer

Answers

Answer: I can't see it move your cursor

Step-by-step explanation:

Answer:

Move ur cursor please or just tell me the question in the comments and I can help in the comments! Sorry about that.

Step-by-step explanation:

y/2 + x ; x=1, y=2 ...............

Answers

y/2+x
x=1, y=2
2/2+1
1+1
=2

Please help on these questions!please give actual answers I will report

Answers

Answer:

e=g-5 it's your correct answer

Answer this question please and thank you

Answers

Answer:

The first selection should be "all factors", and the second should be "only the prime factors."

Step-by-step explanation:

I'm guessing you already submitted your answers, since this question is a few days old, but in case someone looks at it later & needs it...

A new bank customer with $4,000 wants to open a money market account. The bank is offering a simple interest rate of 1.4%. a. How much interest will the customer earn in 20 years? b. What will the account balance be after 20 years? a. The customer will earn $ in interest.

Answers

Answer:

A = $1,120 B = $5120

Step-by-step explanation:

1.4/100 = 0.014

0.014 x 4000 = 56

1.4% interest on the $4,000 is $56.

56 x 20 (years) = 1,120

A= $1,120

To get B simply add 1,120 to 4000.

1,120 + 4000 = 5120

B = 5120.

Mr. Brown is riding his bicycle along a road that is 1 Kilometer long. Both wheels are 1 meter in diameter.

How many times does each wheel revolve on his journey of 1 Kilometer?

Answers

Answer:

1273 times

Step-by-step explanation:

so confused. please help me

Answers

Answer:

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Step-by-step explanation:

⬛️⬛️
⬛️⬛️⬛️
⬛️⬛️
⬛️⬛️⬛️
⬛️⬛️⬛️

50 mph then how much is 225 m how many hours

Answers

Answer:

3 hours

Step-by-step explanation:

you need to find the distance between the mph and miles and then divide by 60 and you get your answer.

Hope this helps!

Answer:

3 hours

Step-by-step explanation:

In the data set {(7,7) ; (3,10) ; (5,9) ; (2,12) ; (0,1) ; (6,4) ; (4,10) ; (8,6)}, which point is a possible outlier?

1. (2,12)
2. (0,1)
3. (7,7)
4. (6,4)

Answers

Answer:

Step-by-step explanation:

i need help pls help

Answers

Answer:

Step-by-step explanation:

hope this helps

Answer:

WARNING:

Step-by-step explanation:

YOU WILL BE BANNED nah jk but how is this supposed to be answered?

What is 5 x (-6) ? I need help pls :D

Answers

Is 30

Step-by-step explanation:

Answer:

-30

Step-by-step explanation:

What's the answer to this? I can't figure it out especially without remembering the formula.

Answers

Answer: I would put (9m)

Step-by-step explanation:

Put (9m)

Jsuansizixwnweixis

The first person to get all the answer correctly gets Brainliest

Answers

Answer:

Step-by-step explanation:

1. 0.9 miles per minute

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