1.
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Noah and Nicole deposited a total of $33,500 into two accounts. One account is paying 7.92% and the other is paying 5.72% simple interest. In one year, the annual simple interest will be $2,323.20 for both accounts.
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2.
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Jordan will earn $691.05 less simple annual interest than Daniel. Jordan's annual interest rate is 5.61%.
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3.
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Daniel's account, which pays 6.21%, will earn $624.50 more in simple interest than the simple interest earned in one year by John's account. John has an account that pays 6.16% annual interest. Daniel and John originally deposited $24,000 altogether.
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