9
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Topic Test

Question 9 • Financial Math - MA2007

Mary and Lewis each open a savings account at the same time. Mary invests $3,700 in an account yielding 3.2% simple interest, and Lewis invests $3,000 in an account yielding 5.9% simple interest. After fifteen years, who has the greater total amount of money, and how much greater is it?a.Lewis has $879 more than Mary.b.Lewis has $179 more than Mary.c.Mary has $776 more than Lewis.d.Mary has $345 more than Lewis.

Answer
A
A
B
B
C
C
D
D
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