Mathematics, 20.02.2021 22:40 kactus

Monica deposits $ 200 into a savings account that pays a simple interest rate of 3.3%. Paul deposits $ 300 into a savings account that pays a simple interest rate of 2.6%. Monica says that she will earn more interest in 1 year because her interest rate is higher. Is she correct? Justify your response.

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Monica deposits $ 200 into a savings account that pays a simple interest rate of 3.3%. Paul deposi...

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