Mathematics, 21.02.2021 20:00 panpanriser76

Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 as a principle amount, with an interest of 5% compounded monthly. Explain which method results in more money after 2 years. Show all work.

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Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 as a principle amount, with an interest of 5% compounded monthly. Explain which method results in more money after 2 years. Show all work.​

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Another question on Mathematics

Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 as a principle amount, with an interest of 5% compounded monthly. Explain which method results in more money after 2 years. Show all work.