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One year ago, Lindsey deposited $250 into a savings account. Her balance is now $253. Two years ago, Jenn deposited $250 into a savings account. Her balance is now $257.50. Which account has the greater
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One year ago, Lindsey deposited $250 into a savings account. Her balance is now $253. Two years ago, Jenn deposited $250 into a savings account. Her balance is now $257.50. Which account has the greater simple interest rate? Explain.

User Mathias Begert
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8.6k points

2 Answers

4 votes

Answer:

275.50 it is greater than the other

Explanation:

User Fakher Mokadem
by
8.0k points
3 votes
275.50 it is greater than the other
User Rudy Jessop
by
7.9k points
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