Question

Henry and Walter open savings accounts at the same time. Henry invests $6,500 at 4.54% simple interest, and Walter invests $7,100 at 4.74% simple interest. After eight years, how much more interest has Walter earned than Henry?
a.
$331.52
b.
$420.67
c.
$631.52
d.
$719.59

Answer 1

I believe it is a. $331.52. Hope this helps :)