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Mathematics, 26.01.2021 19:10 SkyThefly

Monica deposits $200 into a savings account that pays a simple interest rate of 3.9%. Paul deposits $300 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 $200 into a savings account that pays a simple interest rate of 3.9%. Paul deposits...
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