Answer:
Step-by-step explanation:
Complete question
A) Sebastian's account will have about $28.67 less than Yolanda's account. B) Sebastian's account will have about $9.78 less than Yolanda's account. C) Yolanda's account will have about $28.67 less than Sebastian's account. D) Yolanda's account will have about $9.78 less than Sebastian's account.
For Sebastian
Amount = [tex]P (1 + \frac{r}{n})^{nt}[/tex]
Substituting the given values we get
A =
[tex]790 (1 + \frac{6.8}{100*1})^{3*1} \\962.367[/tex]
For Yolanda
Amount [tex]= P(1+rt)[/tex]
[tex]A = 815 (1 + \frac{7.2}{100}*3)\\A = 991.04[/tex]
Yolanda's account will have about $28.67 less than Sebastian's account
Option C is correct
