Mathematics
i dont get it and i need help

Question Description

I’m working on a Mathematics exercise and need support.

Okay if Monica deposits $200 into a saving account that has a simple interest rate of 4.1%. paul deposits $300 into a saving account that has a simple interest rate of 1.9%. who earned more in interest in on year?

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Monica = 200*4.1/100 = $8.2

Paul = 300 *1.9/100 = $5.7

Monica earned more than Paul

whgrab (11420)
UCLA

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