MM
Mashaal Masha
Mar 16, 2024
| Amount invested | Balance increase | |
|---|---|---|
| Account A | $500 | 6% annual interest |
| Account B | $1,000 | $25 per year |
Two investments were made as shown in the table above. The interest in Account A is compounded once per year. Which of the following is true about the investments?
Difficulty: Hard
A:
Account A always earns more money per year than Account B
B:
Account A always earns less money per year than Account B.
C:
Account A earns more money per year than Account B at first but eventually earns less money per year.
D:
Account A earns less money per year than Account B at first but eventually earns more money per year.
ID: 65f57ffd20ab17f125ca438b