Sab T.

asked • 12/10/22

it about math and i need help

Monica deposits ​$300 into a savings account that pays a simple interest rate of 3.2​%. Paul deposits ​$400 into a savings account that pays a simple interest rate of 2.9​%. Monica says that she will earn more interest in 1 year because her interest rate is higher. Is she​ correct? Justify your response. Question content area bottom Part 1 ▼ Monica will earn ​$enter your response here in 1 year while Paul will earn ​$enter your response here in 1 year.

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