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Business, 25.10.2021 18:00 jayy1474

Tamika has $2,000 she wants to save. She has two options: • She could save at a bank for 3 years with a fixed simple interest rate of 9%.
• She could save at a credit union for 3 years with an 8.8% fixed interest rate compounded annually.
Which answer correctly compares the total return Tamika would receive with the simple interest from the bank and the compounded interest from the credit union?

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