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Business, 20.03.2020 09:15 makayla7635

First City Bank pays 7 percent simple interest on its savings account balances, whereas Second City Bank pays 7 percent interest compounded annually. If you made a $56,000 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years

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First City Bank pays 7 percent simple interest on its savings account balances, whereas Second City...
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