Valerie is considering various savings options. At Bank 1, she can invest $1,000 in a CD that earns compound interest at an annual rate of 2.4%.
At Bank 2, she can invest $1,000 in a savings account that pays 2% simple interest upon withdrawal.

Valerie will not make any additional deposits or withdraws. How much more money would Valerie earn in 5 years with the CD at Bank 1 than with the savings account at Bank 2?

b

step-by-step explanation:

the total is 23.97. 0.25% is off so you have to subtracting 25% from 100% and you will get 75% if you convert it to decimal you will get 0.75. you have to find the original because the formula is % times original = total.so you have the total and the % so you just have to plug it in.

check above link.

graphically?   well, you graph them both, the solutions is where they both intersect each other, since there are two solutions, meaning they will meet twice, or namely the linear will run into the quadratic curve twice, and where they meet, those x,y coordinates are the solutions to the system.

-3(b-8)-5=9(b+2)+1

distribute

-3b+24-5=9b+18+1

add/ subtract

-3b+20=9b+19

20-19= 1

-3b+1=9b

9b+3b= 12b

1=12b

1 divided by 12 = 1/12

answer: 1/12 = b