Leroi and Sylvia both put 100$ in a saving account. Leroi decides he will put in an additional 10$ each week. Sylvia decides to put in an additional 10% of the amount in each account each week. Who has more money after the the first additional deposits

Question

Ray Mora

Mathematics

1 June, 23:35

Leroi and Sylvia both put 100$ in a saving account. Leroi decides he will put in an additional 10$ each week. Sylvia decides to put in an additional 10% of the amount in each account each week. Who has more money after the the first additional deposits

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Agustin · Answer 1

Both will have the same amount of money, because 10% of 100$ is 10$ then both of them will put 10$ each week. Both of then will have 110$ after the first additional deposits.