Question

drag each tile to the correct box. not all tiles will be used.

calculate the interest earned on each simple-interest account given the original principal, annual interest rate, and length of time the account was held. match each amount to the corresponding account description.

\\$880 at 5.25\\% for 2 years
\\$675 at 3.5\\% for 4 years
\\$770 at 4.1\\% for 3 years

tiles:
\\$91.52, \\$94.50, \\$92.40, \\$82.35, \\$92.63, \\$94.71

Explanation:

Calculate interest for the first account

$$
LATEXBLOCK0
$$

Calculate interest for the second account

$$
LATEXBLOCK1
$$

Calculate interest for the third account

$$
LATEXBLOCK2
$$

Answer:

• \$880 at 5.25% for 2 years \(

ightarrow\) \$92.40

• \$675 at 3.5% for 4 years \(

ightarrow\) \$94.50

• \$770 at 4.1% for 3 years \(

ightarrow\) \$94.71