SOLUTION: Ben has $100 in his savings account. He wants to save more money. He is looking at two investment plans. Under plan A, he will increase his account balance by $20 a year. Under pla
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Question 1179221: Ben has $100 in his savings account. He wants to save more money. He is looking at two investment plans. Under plan A, he will increase his account balance by $20 a year. Under plan B, he will increase his account balance by 15% each year. How much more will he save with Plan B after 10 years?
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Under plan A, he will increase his account balance by $ a year.
$
after years
$
Under plan B, he will increase his account balance by % each year.
account balance is % plus increase by %=% or
difference between plan A and B
he will save more with Plan B after years