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.

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 20.06.2019 18:04, laura1649

The parking lot of a store has the shape shown. all angles are right angles. what is the area of the parking lot?

Answers: 3

continue

Mathematics, 21.06.2019 15:30, zach32131

What is the volume of a rectangular prism that is 120 centimeters by 2 meters by 1.5 meters in cubic meters?

Answers: 1

continue

Mathematics, 21.06.2019 18:00, JorgeW5St

The constant of proportionality is always the where k is the constant of proportionality. additionally, you can find the constant of proportionality by finding the ratio for any point onasap

Answers: 1

continue

Mathematics, 21.06.2019 19:00, ktenz

Asmall business produces and sells balls. the fixed costs are $20 and each ball costs $4.32 to produce. each ball sells for $8.32. write the equations for the total cost, c, and the revenue, r, then use the graphing method to determine how many balls must be sold to break even.

Answers: 3

continue

Do you know the correct answer?

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