Question

Bank A offers to pay you 3.5% annual interest if you deposit $500 for one year. Bank B will pay you 1.25% annual interest if you deposit $600 for one year. Which bank do you think will pay more to deposit your money over the course of a year?

Answer 1

The answer would be:
Bank A

Step-by-step explanation:
Bank A gives 3.5% which is already more and you only have to pay a deposit of $500 for one year which is less than bank B.

I hope this helped :)