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Mathematics, 21.06.2020 19:57 Davidbg23
Emily invested $4,000 at 5% interest compounded every year, and another $4,000 at 5% simple interest. What will be the net gain in the worth of her compound interest investment compared to the simple interest investment at the end of second year?
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Emily invested $4,000 at 5% interest compounded every year, and another $4,000 at 5% simple interest...
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