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29 May, 18:13

Alexander and Eliza each opened a savings account with a deposit of $100

•Alexander earned 2.5% simple interest per year

•Eliza earned 2% simple interest per year

•Neither of them made additional deposits or withdrawals

How much more did Alexander receive in interest than Eliza after 3 years?

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  1. 29 May, 20:43
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    Eliza will have $106 after 3 years

    Alexander will have $107.50 after 3 years

    Alexander had $1.50 more than Eliza
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