Question

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

Answer 1

Neither one of them has more money after the first additional deposit because both of them put in $10 each week. The 10% of $100 is also $10, so Sylvia is also putting in the same amount as Leroi.