Mathematics, 03.02.2021 17:00 Geo777

Monica deposits $100 into a savings account that pays a simple interest rate of 4.5%, Paul deposits $200 into a savings account that pays a simple interest rate of 3.2%. 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 $100 into a savings account that pays a simple interest rate of 4.5%, Paul deposits...