Oouuhitdadougie Oouuhitdadougie

13-01-2023
Mathematics

contestada

Reasoning Tommy earned $57.00 in interest after 5 years on a principal of $300. His simple interest rate is 3.8%. Jane earned $93.60 in interest after 3 years on a principal of $800. Her simple interest rate is 3.9%. Which bank would you rather use, Tommy's or Jane's? Explain your reasoning.

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