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? Explain.

Who has more money after the second additional deposit? Explain.

Answer 1

Leroi’s account

$100
After first deposit = $100+$10=$110
After second deposit= $110 + $10 = $120


Sylvia’s account

$100
10% of $100 is $10
After first deposit = $100+ $10 = $110
10% of $110 = $11
After second deposit = $110 + $11 = $121

Therefore after their first deposit, both will have the same value in their accounts.
But after the second deposit, Sylvia will have 1$ more in her account than Leroi.

Answer 2

Answer:

ok just follow these steps

Step-by-step explanation: part over whole like this    part                       then            percent over 100% like this                                  percent

                                          -----------over                  ------------------

                                             whole                                 100%