Mathematics, 17.12.2020 17:40 neariah24
Monica deposits $ into a savings account that pays a simple interest rate of %. Paul deposits $ into a savings account that pays a simple interest rate of %. Monica says that she will earn more interest in 1 year because her interest rate is higher. Is she correct? Justify your response.
ā¼
Monica is incorrect.
Monica is correct.
Monica will earn $
in 1 year while Paul will earn $
1 year.
Answers: 2
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Monica deposits $ into a savings account that pays a simple interest rate of %. Paul deposits $ into...
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