Bank Deposits 6
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The manager at the EdHelper Bank lost track of the total original investments that six people deposited into the bank.

Figure out the original deposit for each of these customers (Kaylee, Jordan, Alexander, Kaitlyn, Ashley, and Christian). All of the accounts are paid simple annual interest.

1.    Kaylee will earn $127.35 less simple annual interest than Alexander. Kaylee's annual interest rate is 6.34%.

2.    Kaitlyn found a new bank that pays 0.3% more than the account opened at EdHelper Bank. If Kaitlyn had used this other bank, Kaitlyn would have earned $37.50 more in simple annual interest.

3.    Alexander's account, which pays 5.53%, will earn $701.80 more in simple interest than the simple interest earned in one year by Jordan's account. Jordan has an account that pays 4.43% annual interest. Alexander and Jordan originally deposited $28,000 altogether.

4.    Christian and Ashley deposited a total of $23,500 into two accounts. One account is paying 5.13% and the other is paying 4.68% simple interest. In one year, the annual simple interest will be $1,133.55 for both accounts.

Bank Deposits 6