When a child is born, her grandfather decides to $300 in an account that earns inter
plans to make no other deposits of withdrawals for 18 years. When the child turns 18
the money in the account will be a birthday gift. The grandfather is choosing between
options:
• Option 1: An account that grows by 7.5% each year.
Option 2: An account thật grows by $35 each year.
Which option will result in a better 18th birthday gift? Explain your reasoning.

Option 2 because in option one 7.5% of $300 is $22.50 so more would be put in if he chose the second option

Option 2 7.5 of 300 is around $22 so option two gives her more money

The academic affairs council is the highest expert body processing academic affairs, as stipulated by the university statutes. specialist aaro häkkinen (educational policy) took part in the council’s meeting. the agenda of the meeting included bachelors’ feedback, the timing of pedagogical studies, the grant system for tuition fees, the standardisation of administrative practices for internships and the situation of foreign-language and multilingual master’s programmes.