Daneka and Kisha both opended a savings account on the same day. Daneka deposited $864 into her account, and Kisha deposited $253 into her account. After 6 months, Daneka's account increased to $1,106 and Kisha's account increased to $329. What was the percent of increase for each savings account over the past 6 months? Who made a greater percent of change?
Question
Answer:
Daneka:1106-864 = 242
242 = 864*r*(1/2)
864*r = 484
rate = 0.56
------------------Β
Kisha:
329-253 = 76
76 = 253*r*(1/2)
152 = 253*r
r = 0.60
=
Ans: Kisha made the greatest
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10 months ago
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