Question

A bank offers two different types of savings account which pay interest as shown below. Vinnie wants to invest £2800 in one of these accounts for 11 years. Which account will pay Vinnie more interest after 11 years?

Answer 1

Without the interest rates for the two savings accounts, it is not possible to determine which account will pay more interest over 11 years.

Step-by-step explanation:

To determine which account will pay Vinnie more interest after 11 years, we need to compare the interest rates of the two savings accounts. However, the information provided does not specify the interest rates for each account. Without this information, it is not possible to determine which account will pay more interest. It is important to have the interest rates for the accounts in order to make an accurate comparison.