4-1. Compare the interest earned by $9,000 for five years at 8% simple interest with interest earned
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4-1. Compare the interest earned by $9,000 for five years at 8% simple interest with interest earned by the same amount for five years at 8% compounded annually. Explain why a difference occurs. (4.2)
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Related Book For 
Engineering Economy
ISBN: 9780134870069
17th Edition
Authors: William Sullivan, Elin Wicks, C Koelling
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