SOLUTION: If you place $2,000.00 in a savings account with an interest rate of 4.5%/month versus an account with a rate of 3.75%/month, how much more interest could you earn in that month us
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Question 1038873: If you place $2,000.00 in a savings account with an interest rate of 4.5%/month versus an account with a rate of 3.75%/month, how much more interest could you earn in that month using the first account?
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
2000x.045=$90
2000x.0375=$75
90-75=$15 more earned at the higher rate!!!!!!!!!!!!!
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