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00:00
Answers
A
B
C
D
E
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Difficulty—
Exactly \(6\) years ago, James opened \(2\) salary accounts, with no further deposits nor withdrawals since then. Each account has earned simple interest, one at \(3\%\) per year and the other at \(4\%\) per year. Which account has more money now?
1. When James opened the accounts, the account earning \(3\%\) interest contained \(\$1,000\) more than the account earning \(4\%\)
2. Last year, the account earning \(3\%\) earned exactly \(\$150\) in interest
OA C
1. When James opened the accounts, the account earning \(3\%\) interest contained \(\$1,000\) more than the account earning \(4\%\)
2. Last year, the account earning \(3\%\) earned exactly \(\$150\) in interest
OA C
