Mathematics, 04.07.2020 14:01 zayzay162

Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 as a principal amount, with an interest of 3% compounded quarterly. Brooklyn wants to deposit $300 as the principal amount, with an interest of 5% compounded monthly. Explain which method results in more money after 2 years. Show all work.

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Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 a...