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2. You invest $10,000 for 3 years and get 10% interest compounded annually. You invest $10.000 dollars for 3 years at simple interest of 10%.

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2. You invest $10,000 for 3 years and get 10% interest compounded annually. You invest $10.000 dollars for 3 years at simple interest of 10%. The difference of compounding interest over simple is? ) $310 b) $240 c) $1,000 d) $900

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