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Adrienne and her brother John each inherit ($7,000 that they use to open savings accounts with.Adrienne's account earns 4.7% annual compound interest and John's account
Adrienne and her brother John each inherit ($7,000 that they use to open savings accounts with.Adrienne's account earns 4.7% annual compound interest and John's account earns 4.7% annualsimple interest. Neither makes any additional deposits or withdrawals for 10 years.a. Who's account will be worth more at the end of 10 years?b. How much more will the account be worth?
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