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Firdavs [7]
3 years ago
15

Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 as a principle amount, with a

n interest of 3% compounded quarterly. Brooklyn wants to deposit $300 as the principle amount, with an interest of 5% compounded monthly. Explain which method results in more money after 2 years. Show all work. (10 points)
Chemistry
2 answers:
Sergio [31]3 years ago
8 0
It would be Patrick because he would be saving more money in the bank because there’s $300 and the i test is 3% which is small
Vera_Pavlovna [14]3 years ago
4 0

Answer:

Patrick=318.48 Brooklyn=331.48

Explanation:

Brooklyn would get more money

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3 0
3 years ago
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4.81 moles

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