Answer:
Account C,Account A, Account B
Step-by-step explanation:
Account A
From the table P=$350
[tex]r=4\%[/tex]
and
[tex]t=5\:years[/tex]
We substitute into the formula to get:
[tex]I=350*0.04*5=70[/tex]
Account A earns an interest of $70
Account B
We have P=$500, [tex]r=3.5\%[/tex] and t=5 years
We substitute to get:
[tex]I=500*0.035*5=87.5[/tex]
Account B earns $87.5
Account C
We have P=$280, [tex]r=4.25\%[/tex], and t=5 years
[tex]\implies I=280*0.0425*5=59.5[/tex]
Account C earns $59.5
We now order the accounts from least to greatest earned.
Account C,Account A, Account B because 59.5<70<87.5
