# math

Emma is saving money for college. She has \$800 and wants to deposit it into 2 different savings accounts. She decides to deposit \$500.00 into an account, Account I, which earns 2.5% annual simple interest. She will then deposit \$300 into an account, Account II, which earns 2 1/4% interest compounded annually.
If Emma makes no other deposits or withdrawals, what is the total amount of money she will have at the end of 3 years?

i seriously need help the question is due soon. :,)

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1. just use your interest formulas. Her balance will be
500(1 + 0.025*3) + 300(1 + 0.225)^3

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oobleck
2. Hi! I am very bad at this. I see your answer but is there anyway you can explain how you got that?

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3. Use interest formulas, as oobleck said.

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Writeacher

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