SOLUTION: Samantha deposited $100 in a bank account that has earned 5% interest during this year. Audrey deposited $50 more than Samantha deposited but earned only 4% interest during this
Algebra ->
Percentage-and-ratio-word-problems
-> SOLUTION: Samantha deposited $100 in a bank account that has earned 5% interest during this year. Audrey deposited $50 more than Samantha deposited but earned only 4% interest during this
Log On
Question 1040143: Samantha deposited $100 in a bank account that has earned 5% interest during this year. Audrey deposited $50 more than Samantha deposited but earned only 4% interest during this year. Now Audrey has how much more money than Samantha? Please help and explain how to do this Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! i=PRT
For S., it is 100*0.05*1=$5, which is interest that is now her money.
For Audrey, it is 150*0.04*1=$6.
S has $105
Audrey has $156
She has $51 more.
