Question:
Victor and his sister have both been saving money to help
Last updated: 7/18/2022
Victor and his sister have both been saving money to help pay for college. Victor deposited $750 at a local bank 3 years ago, earning a simple interest rate of 4% paid upon withdrawal. His sister deposited $800 at a local bank 3 years ago, earning a simple interest rate of 3% paid upon withdrawal. Compare the interest Victor earned after 3 years to how much interest his sister earned after 3 years?