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$1 million is invested at 6% for 10 years. How much additional proceeds is earned if the rate is compounded semi-annually compared to simple interest?

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$1 million is invested at 6% for 10 years. How much additional proceeds is earned if the rate is compounded semi-annually compared to simple interest? $600,000 $190,848 $1,806,111 O $806,111 O $206,111

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