1198146 1198146

22-12-2022
Mathematics

contestada

You have 2 different savings accounts. For Account A, the simple interest earned after 3 months is $2.00. For Account B, the simple interest earned after 18 months is $20.70. If the interest rate is 3.2% 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.

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