Monica deposits $300 into a savings account that pays a simple interest rate of 4.2% paul deposits $400 into a savings account that pays a simple interest rate of 3.8% monica says that she will earn more interest in 1 year because her interest rate is higher is she correct?

Paul earned $2.6 more interest than Monica.

Step-by-step explanation:

Giving the following information:

Monica:

Initial investment= $300

Interest rate= 4.2%

Paul:

Initial investment= $400

Interest rate= 3.8%

To calculate the income earned, we need to use the following formula:

I= P*r*t

P= principal

r= interest rate

t= time

Monica:

I= 300*0.042*1= $12.6

Paul:

I= 400*0.038*1= $15.2

Paul earned $2.6 more interest than Monica.

proofs involving isosceles triangles often require special consideration because an isosceles triangle has several distinct properties that do not apply to normal triangles.(more about triangle types) therefore, when you are trying to prove that two triangles are congruent, and one or both triangles, are isosceles you have a few theorems that you can use to make your life easier.

step-by-step explanation:

an isosceles triangle has two congruent sides and two congruent angles. the congruent angles are called the base angles and the other angle is known as the vertex angle. ∠bac and ∠bca are the base angles of the triangle picture on the left. the vertex angle is ∠abc