Question

Lehana and Marty each opened a savings account with a deposit of $100.

● Lehana earned 2.5% simple interest per year.
● Marty earned 2% simple interest per year.
● Neither of them made additional deposits or withdrawals.
How much more did Lehana receive in interest than Marty after three years?

Answer 1

100*.025*3=7.5 100+7.5=107.5

100*.02*3=6 100+6=106

107.5-106=1.5

$1.50

Explanation:

thats it