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Mathematics, 29.09.2019 12:30 TheRealKodakBlack

If $1200 is deposited in an account that pays 6.5% interest, what is the difference in the amount after 4 years between the amount earned if the principal is compounded annually and the amount earned calculated using simple interest?

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If $1200 is deposited in an account that pays 6.5% interest, what is the difference in the amount af...
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