Mathematics, 16.05.2021 04:40 alexandergonzalez38

Reasoning Tommy earned $15.20 in interest after 4 years on a principal of $100. His simple interest rate is 3.8%. Jane earned $61.50 in interest after 3 years on a principal of $500. Her simple interest rate is 4.1%. Which bank would you rather use, Tommy's or Jane's? Explain your reasoning Which bank would you rather use? O A. Tommy's because his bank paid more interest.
B. Jane's because her bank offers a better interest rate.
C. Jane's because her bank accepted a smaller principal.
D. Tommy's because his investment took less time.

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Reasoning Tommy earned $15.20 in interest after 4 years on a principal of $100. His simple interest...