Adita has two options for how to invest $1,000.Plan A: Put the $1,000 in an account that pays $100 per year.Plan B: Put the $1,000 in an account that pays 5 percent interest per year.Which statement is true?
Answer
A
Plan A will be worth more than plan B after two years.
B
Plan A will be worth the same amount as plan B after one year.
C
Plan B will be worth more than plan A after three years.
D
Plan B will be worth more than plan A after four years.