Mathematics, 23.02.2021 01:10 hemaam8
Two accounts earn simple interest. The balance y (in dollars) of Account A after xyears can be modeled by y=10x+500 Account B starts with $400 and earns 5% simple annual interest.
a. Which account has a greater principal?
How much greater is the principal?
b. Which account has a greater annual interest rate?
How much greater is the annual interest rate?
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