Dakota earned $7.50 in interest in account a and $18.75 in interest in account b after 15 months. if the simple interest rate is 4% for account a and 5% for account b, which account has the greater principal? explain. to make it a little easier, there is an image. good luck!
At the beginning of year 1, carlos invests $600 at an annual compound interest rate of 4%. he makes no deposits to or withdrawals from the account. which explicit formula can be used to find the account's balance at the beginning of year 5? what is, the balance?