Question

Bob has $1500 in his savings account. He wants to save more money. He is looking at two investment plans. Under Plan X, he will increase his account balance by $1000 a year. Under plan Y, he will increase his account balance by 10% each year.

Answer 1

Answer:

If you're asking which one is better, then it's Plan X bc...

10% of 1500 is 150 since 150/10 is 150.

1000 is more than 150 and everyone wants more money so it would make sense that he goes with plan X.

Hope this helps. :)

Answer 2

It’s Plan X because he increased his balance by 1000