# Lat math question for some days. Can y'all help?

Huan deposited \$850 into a college
savings account earning 4.8% interest
compounded annually. He also deposited
\$850 into a second account earning 4.8%
deposits. After 10 years, which account earned more interest? How much more?

A The account with compounded interest earned
\$1,0004.10 more interest.
B The account with the simple interest earned
\$1,004.10 more interest.
C The account with the simple interest earned
\$100.41 more interest.
D The account with compounded
interest earned \$100.41 more
interest.

I know the answer has to be A or D...but I can't really figure it out. Am I right and if I am show me how to solve this. Thanks in advance!

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1. Didn't you get an answer last time:
http://www.jiskha.com/display.cgi?id=1416267535

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posted by MathMate
2. Oops probably forgot to check it. Thanks MathMate!

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3. No problem!

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posted by MathMate

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