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Liam deposits lll dollars into an account that earns %0.9 in simple interest each year. Grace deposits g dollars into an account that earns %1.1 in simple interest each year?
Both Liam and Grace let their money earn interest for one year and make no further deposits. If Liam's initial deposit was $800 more than Grace's, and if both Liam and Grace earn the same amount of interest after one year, which of the following systems of equations could be used to find their initial deposits? Answer Choices: A.) 0.009l+800=0.011g l=g B.) 0.009l=0.011g+800 l=g B.) 0.009l=0.011g l+800=g C.) 0.009l=0.011g l=g+800 D.) 0.009l = 0.011g l = g+800
Updated: 4/28/2022
D.) 0.009l = 0.011g
l = g+800
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Earn +20 ptsQ: Liam deposits lll dollars into an account that earns %0.9 in simple interest each year. Grace deposits g dollars into an account that earns %1.1 in simple interest each year?
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