Linda and Mary each opened a saving account with a deposit of $200. Linda earned 2.5% simple interest per year. Mary earned 2% simple interest per year. Neither of them made any additional deposits orwithdrawals.

asked Aug 25, 2023 130k views

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2 votes

we get that in interest Linda get

$200\cdot3\cdot0.025=15$

and Mary get:

$200\cdot3\cdot0.02=12$

So Linda get $3 more than Mary

BlockR answered Aug 31, 2023

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