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Mathematics, 10.06.2020 19:57 krystalhurst97
Benjamin deposits $3,000 into each of two savings
accounts. The first savings account pays 5% interest
compounded annually. The second savings account
pays 5% simple interest annually. If Benjamin makes
no other deposits or withdrawals, what will be the
difference between the interest earned by the two
savings accounts after 4 years?
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Answers: 3
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Benjamin deposits $3,000 into each of two savings
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