Sixty years ago, your grandparents opened two savings accounts and deposited $200 in each account. the first account was with city bank at 3 percent, compounded annually. the second account was with country bank at 3.5 percent, compounded annually. which one of the following statements is true concerning these accounts? a) the country bank account is currently worth $1,526.08.b) the city bank account has earned $211.19 more in interest than the country bank account. c) the country bank account has paid $367.48 more in interest than the city bank account. d) the country bank account has paid $397.30 more in interest than the city bank account. e) the city bank account is currently worth $1,201.54.

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?