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

Question

Mathematics

Hadley Luna

15 December, 10:25

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

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Isabella Stewart · Answer 1

Neither one of them has more money after the first additional deposit because both of them put in $10 each week. The 10% of $100 is also $10, so Sylvia is also putting in the same amount as Leroi.