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anonymous
 one year ago
Patrick and Brooklyn are making decisions on their bank accounts. Patrick wants to put money in an account that has a higher interest rate but only gains interest for a short period of time. Brooklyn wants to put the money in an account with a lower interest rate, but it gains interest for a longer period of time. Explain which method will result in more money. (10 points)
I know the answer but how do I explain it
anonymous
 one year ago
Patrick and Brooklyn are making decisions on their bank accounts. Patrick wants to put money in an account that has a higher interest rate but only gains interest for a short period of time. Brooklyn wants to put the money in an account with a lower interest rate, but it gains interest for a longer period of time. Explain which method will result in more money. (10 points) I know the answer but how do I explain it

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Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.1By solving that kind of an (example) problem. An example problem would be what? Tell me

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0like if both put in 20 bucks and the interest was 5% for patrick but 3% for brooklyn then the one gaining it for a longer time would have more money? could i say that? @Kash_TheSmartGuy

Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.1Sure^^ good job. You're awesome!
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