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Mathematics, 23.02.2021 20:20 Aliciaonfleek

Monica deposits โ€‹$400 into a savings account that pays a simple interest rate of 3.2โ€‹%. Paul deposits โ€‹$500 into a savings account that pays a simple interest rate of 2.9โ€‹%. Monica says that she will earn more interest in 1 year because her interest rate is higher. Is sheโ€‹ correct?

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Monica deposits โ€‹$400 into a savings account that pays a simple interest rate of 3.2โ€‹%. Paul deposit...
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