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Mathematics, 18.03.2021 02:10 angelina0miles

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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