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April and Cody invest $5,000 each at their local bank. April invests at a 4% simple interest rate for three years. Cody invests at a 4% compound interest rate, and earns $624.32 in interest. What is the difference in their account balances at the end of 3 years?
Answers: 2
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April and Cody invest $5,000 each at their local bank. April invests at a 4% simple interest rate fo...
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