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Mathematics, 30.06.2021 02:10 pinkbutterfly03

How much more interest will you earn if you invest $1000 for 10 years in an account that has a 2% annual rate that compounds interest monthly versus an account that has a 2% annual rate that pays simple interest? Show and explain.


How much more interest will you earn if you invest $1000 for 10 years in an account that has a 2% a

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