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Hello, I'd like a thorough explanation on the steps took to get to the answer. Thank you! MAT133 - Writing Assignment 1B Author: Paula and

Hello, I'd like a thorough explanation on the steps took to get to the answer. Thank you!

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MAT133 - Writing Assignment 1B Author: Paula and Jordan are having an argument. They both have P dollars to invest, both will invest their money on January 1st, 2022, and both will accrue interest on the 28th day of each month. However, . Paula will receive an interest rate of 5% on Jan 28, Apr 28, May 28, and Jun 28; and an interest rate 2% on Feb 28 and Mar 28. . Jordan will receive an interest rate 5% on Jan 28, Feb 28, Mar 28, and Apr 28; and an interest rate 2% on May 28 and Jun 28. Jordan argues that because he receives the large 5% interest payments sooner, his account will be worth more on June 30. Paula argues that she has more money in the account when her 5% interest rate takes effect, and therefore she will have more money. Who is right

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