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22 Chip and Dale are each investing $62,600 today. Chip will earn 5.6% interest compounded annually, while Dale will earn 5.6% simple interest. Chip will

22 Chip and Dale are each investing $62,600 today. Chip will earn 5.6% interest compounded annually, while Dale will earn 5.6% simple interest. Chip will have more than Dale after six years. ) $2,076 B $2,582 $2,962 $3,174

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