Miguel deposits $2000 into a bank account that earns simple interest. He writes the expression 2000 + 2000(0.015)(t/12) to represent the value of the account after t months. Based on Miguel's expression, how much interest will the account earn in one month?

based on the equation he would make $2.5 in the first month but realistically he would earn around $30 in the first month

Step-by-step explanation:

2000+2000(.015)(1/12)=2002.5

2002.5-2000=2.5

the right system of equations to describe the situation would

be on the form:

x1 = 8000 + y1*t

and

x2 = 8000 + y2*t

where x1 and x2 represents the total money of imogene and her

friend respectively at the end of t years.

now for the value of amount earned, y1 and y2:

y1=8000*0.08

y2=2000*√(t-2)