## Ten years ago, Dorothy deposited a certain amount of money in Account $$A$$ at a $$3\%$$ simple annual interest rate. At

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### Ten years ago, Dorothy deposited a certain amount of money in Account $$A$$ at a $$3\%$$ simple annual interest rate. At

by VJesus12 » Thu Sep 16, 2021 11:30 am

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Ten years ago, Dorothy deposited a certain amount of money in Account $$A$$ at a $$3\%$$ simple annual interest rate. At the same time, Marla deposited another amount in Account $$B$$ at a $$4\%$$ simple annual interest rate. If there were no withdrawals or deposits during the $$10$$ years since the deposits, is the current interest in $$A$$ greater than that in $$B?$$

(1) The amount invested in Account $$A$$ was $$\1,000$$ more than the amount invested in Account $$B.$$

(2) The investment in Account $$A$$ obtained the interest of $$\300$$ last year.