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Mathematics, 27.02.2021 20:50 angelearlyp9ynm9
Monica deposits β$200 into a savings account that pays a simple interest rate of 3.5β%. Paul deposits β$300 into a savings account that pays a simple interest rate of β2.5%. Monica says that she will earn more interest in 1 year because her interest rate is higher. Is sheβ correct? Justify your response. Monica is correct/incorrect. Monica will earn $ in 1 year while Paul will earn $ in 1 year.
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Monica deposits β$200 into a savings account that pays a simple interest rate of 3.5β%. Paul deposit...
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