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You Are Given Three Options

question 108

Multiple Choice

You are given three options.You may have the balance in an account that has been collecting 5 percent interest for 20 years,the balance in an account that has been collecting 10 percent interest for 10 years,or the balance in an account that has been collecting 20 percent interest for five years.Each account had the same original balance.Which account now has the lowest balance?


Definitions:

Asserted

Stated confidently or declared as true without providing evidence or proof.

If

A conditional term used to stipulate a circumstance or requirement for a particular outcome or state to occur.

Asserted

Stated confidently or forcefully as a fact or belief.

Unasserted

Not confidently or forcefully stated or expressed.

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