Ask your own question, for FREE!
Mathematics 17 Online
OpenStudy (anonymous):

Confused. Do they mean just look at the two balances?

OpenStudy (anonymous):

OpenStudy (amistre64):

they want you to compare the amount of monies deposited over 10 years ...

OpenStudy (amistre64):

which is greater? 200 a mnth for 10 years or 2400 a yr for 10 years?

OpenStudy (anonymous):

They are equal

OpenStudy (amistre64):

correct

OpenStudy (anonymous):

So they deposited the same amount of money in their savings plans

OpenStudy (anonymous):

then

OpenStudy (anonymous):

Which of the two investment stategies was better?

ganeshie8 (ganeshie8):

they invested same, but who is getting more money ?

OpenStudy (anonymous):

Yolanda had more money after 10 years. So is it B?

ganeshie8 (ganeshie8):

yes ! more money its better :)

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!