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Mathematics, 29.01.2021 01:50 zoriahmendoza

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 2.4%. 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 $200 into a savings account that pays a simple interest rate of 3.3%. Paul deposits...

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