Mathematics, 11.07.2019 21:00 aidengalvin20

If $3000 is deposited in an account that pays 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? a. $30.72 b. $41.12 c. $46.52 d. $53.76

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