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come on guys u can do it please help!

simple interest or compound???

idk what either of that is

u should use the formula I= prt

what is the formula
is it
\[\large{I= Prt}\]
or, \[\large{A= P\times(1+r)^n}\]

i was taught to use I = prt but whatever is easiest

ok that is the formula for simple interest

ok so shami and reese have deposited the amount for the same amount of time right

uh yeah guess

ok let us assume shami has deposited amount x
so reese will deposit how much???

x-200

Sharmi deposits $200 less than Reese.

correct your value

it would be x+200

oh ok

so 100= x(0.5) t ???

no r = 5% = 5/100 = 0.05

\[100= x(0.05) t\] ???

yes now solve for t

but the answer choices give two solutions

ok wait first solve for t

on solving for t you will get
\[\large{t= {{100}\over{0.05x}}}= {{10000}\over{5x}}\]

you will get
\[\large{t= {{90}\over{0.03(x+200)}}}\]
now equate these two equations

ohhh okay so i solve for sharmi and then reese and thats the answer

you will get
\[\large{{10000}\over{5x}}= \large{{90}\over{0.03(x+200)}}\]
now solve for x

is it 600 ??

ok thank you so much!

have u understood how to solve