cicimarie2018
17.12.2020 •
Mathematics
George places $5,000 into an account that earns a simple interest of 4.3%. John places $5,500 into an account that earns 4%. Who has earned the most interest at the end of 6 years?
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Ответ:
Answer/Step-by-step explanation:
George:
4.3% ÷ 100 = 0.043
0.043 × 5000 = 215
John:
4% ÷ 100 = 0.04
0.04 × 5500 = 220
End of 6 years:
George: 215 × 6 = 1290
John: 220 × 6 = 1320
John has earned the most interest at the end of 6yrs. $1320
Ответ: