22. Calculate the simple interest and compound interest earned for each of the investments using the information
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22. Calculate the simple interest and compound interest earned for each of the investments using the information from the table.
Amount Interest Compounding Length of Simple Compound invested rate period investment interest interest
$10,000 5.0 annual 2 years
$150,000 6.5 quarterly 1 year
$1,490,500 8.0 monthly 18 months
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