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Mathematics 9 Online
OpenStudy (anonymous):

A bank offers two types of savings accounts. the standard savings account pays interest at a rate of 5% per year compounded annually. The "super Savings" account pays interest at a rate of 8% per year, compounded annually. Graham opens a Super Savings account with a deposit of $80 and jeanine opes a standard savings ccount with a deposit of $100. If neither of them makes any other deposits or withdrawals, what is the minimum number of years after which Graham will have more savings than jeannie? a)5 b)6 c)7 d)8 e)10

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