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sassycutie523
29.10.2020 •
Mathematics
Which of these would earn the sam interest as a $150 principal at a 4% annual interest for 2 years
1.) $300 at 2% for 2 years
2.) $150 at 6% for 18 months
3.) $400 at 3% for 1 year
4.) $100 at 1% for 8 years
5.) $50 at 48% for 6 months
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Ответ:
9514 1404 393
1, 3, 5
Step-by-step explanation:
The interest earned is given by the formula ...
I = Prt
For the reference amount, that is ...
I = ($150)(0.04)(2) = $12
For the choices, the earned interest amounts are ...
1) ($300)(.02)(2) = $12
2) ($150)(.06)(1.5) = $13.50
3) ($400)(.03)(1) = $12
4) ($100)(.01)(8) = $8
5) ($50)(0.48)(0.5) = $12
Accounts 1, 3, 5 would earn the same interest.
Ответ:
I hope I helped. Best of luck!