## Related questions with answers

Question

**Answer these questions about the interest calculation s.**

Which account earned the most inter est, and how much more did it earn? Now move the cursor to cell C4, which holds the Account B interes t rate. Enter a new interest rate of 4.1 % without the percent symbol.

Solution

VerifiedStep 1

1 of 2$\$61.11-\$60.91=\$0.20$

The interest earned is given in B11 and C11. We note that B11 has a higher value than C11, thus account A earns more interest.

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