mariap3504
mariap3504
21.01.2021 • 
Mathematics

You have 2 different savings accounts. For Account A, the simple interest earned after 3 months is $ 0.85. For Account B, the simple interest earned after 15 months is $ 21.88. If the interest rate is 3.4% for Account A and 2.5% for Account B, how much is the principal in each account? Which account earned you the most interest the first month? Explain your answer.

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