taliazhindon taliazhindon
  • 14-01-2023
  • Mathematics
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Monica deposits $200 into a savings account that pays a simple interest rate of 3.4%. Paul deposits $300 into a savings account that pays a simple interest rate of 2.6%. Monica says that she will earn more interest in 1 year because her interest rate is higher. Is she correct? Justify you response.

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