Darryl deposits $1,500 into a savings account that has a simple interest rate of 2.7%. Lori deposits $1,400 into a savings account that has a simple interest rate of 3.8%.
If no other transactions are made, who will have more money in their account after 10 years? How much more?
A.
After 10 years, Lori will have $27 less than Darryl.
B.
After 10 years, Lori will have 1.1% more than Darryl.
C.
After 10 years, Darryl will have $16.50 more than Lori.
D.
After 10 years, Lori will have $27 more than Darryl.