Jeremiah opened a savings account with a one-time deposit of $500. His savings account will pay a 5% simple interest per year. H

Question

3 years ago

13

Jeremiah opened a savings account with a one-time deposit of $500. His savings account will pay a 5% simple interest per year. H

is brother, Brian, opened another savings account with a one-time deposit of $200. Brian’s savings account will pay 3% compounded annually. Who would earn more interest, to the nearest dollar, in 2 years?
A.
Jeremiah will make $50 more than Brian.

B.
Brian will make $212 more than Jeremiah.

C.
Jeremiah will make $38 more than Brian.

D.
Brian will make $12.00 more than Jeremiah.

Mathematics

2 answers:

mash [69] · Answer 1 · 2022-07-19T18:46:41+03:00

mash [69]3 years ago

6 0

Answer:

A

Step-by-step explanation:

its just simple math

Dominik [7] · Answer 2 · 2022-07-19T21:08:52+03:00

Dominik [7]3 years ago

5 0

A I’m only doing this for my own question but yea