Question

Leroi and Sylvia both put 100$ in a saving account. Leroi decides he will put in an additional 10$ each week. Sylvia decides to put in an additional 10% of the amount in each account each week. Who has more money after the the first additional deposits

Answer 1

Both will have the same amount of money, because 10% of 100$ is 10$ then both of them will put 10$ each week. Both of then will have 110$ after the first additional deposits.