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Mathematics, 04.05.2021 17:50 BradFarquharson472

Landon plans to invest $27,500 for 30 years at an anticipated rate of 6%
compounded yearly. What is the approximate difference
in his ending balance if the actual rate is 5% instead of
6%?

PLEASE ANSWER AND SHOW WORK

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Landon plans to invest $27,500 for 30 years at an anticipated rate of 6%
compounded yearly....
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