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107-P3-2

1. Jessica put $240 in Bank A at 3% annual interest. Ryan put $220 in Bank B at
6% annual interest. Compare their total amounts after 5 years and find out who
has more money.

Jessica Ryan

principal: $240 principal: $220
interest rate: 3% interest rate: 6%

time: 5 years time: 5 years

2. Kate put some money in the bank at 8% yearly interest and received an interest
of $120 in 2 years. Ricky also put some money in the bank at 5% annual interest
and received $123 in 3 years. Find out who saved more money.
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