23.0k views
5 votes
Martin has $200 in his savings account. he is looking at two investment plans. under plan A, he will increase his account balance by $40 each year. under plan B, he will increase his account balance by 15% each year. approximately how much more will he earn with plan B after 10 years?

User Tomrs
by
8.9k points

2 Answers

3 votes
i came up with 300 as well.
User Ssawchenko
by
8.4k points
0 votes
I believe the answer is $300.
User MdsAyubi
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories