Asked by Tim
Leroi and Sylvia both put $100 in a savings account. Leroi decides he will put in an additional $10 each week. Sylvia decides to put in additional 10% of the amount in the account each week.
1)Who has more money after the first additional deposit? Explain.
2)Who has more money after the second additional deposit? Explain.
3)How do you think the amount in the two accounts will compare after a month? A year?
THANK YOU!!!
1)Who has more money after the first additional deposit? Explain.
2)Who has more money after the second additional deposit? Explain.
3)How do you think the amount in the two accounts will compare after a month? A year?
THANK YOU!!!
Answers
Answered by
PsyDAG
1. Neither. 10% of $100 = $10
2. 10% of $110 = $11
3. Leroi will have more.
2. 10% of $110 = $11
3. Leroi will have more.
Answered by
Nope
Leroy will NEVER have more.
Answered by
timmy waleola
Question
Leroi and Sylvia both put $100 in a savings account. Leroi decides he will put in an additional $10 each week. Sylvia decides to put in an additional 10% of the amount in the account each week.
Leroi and Sylvia both put $100 in a savings account. Leroi decides he will put in an additional $10 each week. Sylvia decides to put in an additional 10% of the amount in the account each week.
Answered by
Anonymous
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