Question

Gia opened two savings accounts at two different banks. One account earns an annual 3.4% simple interest, and the other earns half as much.
If she deposited $500 in each account, how much total interest will she have earned in 5 years?
A. $1,275.00
B. $127.50
C. $63.75
D. $255.00

Answer 1

Answer : The correct answer is B. $127.50
               
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Answer 2

The answer is B. $127.50