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Danielle and Gabrielle each opened a savings account with a deposit of $150.
Danielle earned 3.5% simple interest per year,
Gabrielle earned 4% simple interest per year,
Neither Danielle nor Gabrielle made additional deposits or withdrawals.
.
How much more did Gabrielle receive in interest than Danielle after four
years?
1
A A $0.30
B. $0.75
C C. $3.00
D D. $30.00

Respuesta :

madethisfortwitch1

Answer:

C

Step-by-step explanation:

to calculate simple interest we have the following

PV(1+it)

Danielle:

150(1+.035*4)=171

Gabrielle:

150(1+.04*4)=174

Subtract the two and see that gabrielle made 3 dollars more

Answer:

c

Step-by-step explanation: