75.2k views
1 vote
Maris putting $100 in a bank account for her

daughter.
She will not add additional money or take any
money out.
There are two types of accounts Mai can choose
from:
Account A: The total amount will be multiplied by
1.1 every year.
Account B: The total amount will increase by $20
every year.
Which account would have more money in it after
10 years?

2 Answers

4 votes
The correct answer is account B
User Jakub Zak
by
6.7k points
5 votes

Answer:

Account B

Explanation:

A: 259.37424601

B: 300

User Taylor Austin
by
7.7k points