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Mathematics, 01.05.2021 07:10 ashleychantal99
I WILL GIVE 30 POINTS IF YOU DO THIS. HELPP
Betty will deposit $9,600 in an account that earns 3.25% simple interest every year.
Her brother Liam will deposit $10,000 in an account that earns 3% interest compounded annually.
The deposits will be made on the same day, and no additional money will be deposited or withdrawn from the accounts.
Which statement about the balances of Betty’s account and Liam’s account at the end of 3 years is true?
answer choices:
Liam’s account will have about $36 more than Oscar's account.
Liam’s account will have about $36 more than Oscar's account.
Betty's account will have about $36 more than Liam’s account.
Betty's account will have about $36 more than Liam’s account.
Liam’s account will have about $8.73 more than Oscar's account.
Liam’s account will have about $8.73 more than Oscar's account.
Betty's account will have about $8.73 more than Liam’s account.
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