Mathematics, 01.12.2021 16:10 AllenTTG

Monica deposits $300 into a savings account that pays a simple interest rate of 3.9%. Paul deposits 400$ 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 $300 into a savings account that pays a simple interest rate of 3.9%. Paul deposits...

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