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14-04-2017
Mathematics

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Alexander and Eliza each opened a savings account with a deposit of $100
•Alexander earned 2.5% simple interest per year
•Eliza earned 2% simple interest per year
•Neither of them made additional deposits or withdrawals
How much more did Alexander receive in interest than Eliza after 3 years?

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15-04-2017

Eliza will have $106 after 3 years
Alexander will have $107.50 after 3 years
Alexander had $1.50 more than Eliza

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