Joey is going to deposit $650 in an account that earns 5.4% interest compounded annually. His wife Zoey will deposit $950 in an account that earns 7.3% simple interesr each year. They deposit the money on the same day and make no additional deposits or withdrawals for the accounts. Which statement is true concerning Joey's and Zoey's account balance after 5 years? a
Zoey's account will have about $178.24 less than Joey's account.
b
Joey's account will have about $451.24 less than Zoey's account.
c
Joey's account will have about $178.24 less than Zoey's account.
d
Zoey's account will have about $451.24 less than Joey's account.