Mathematics, 10.12.2020 03:50 nae467

Monica deposits $300 into a savings account that pays a simple interest rate of %4.5. Paul deposits $400 into a savings account that pays a simple interest rate of %4.1. 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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Monica deposits $300 into a savings account that pays a simple interest rate of %4.5. Paul deposits...