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17 You can invest in an account that pays simple interest or an account that pays compound interest in the case, you plan to invest

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17 You can invest in an account that pays simple interest or an account that pays compound interest in the case, you plan to invest $3.700 today and both accounts have an annual interest rate of 7 percent. How much more interest will you receive in the year in the account that pays compound interest? Multiple Choice $198.86 $20312 O $1860

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