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22. Find the different amount between the Compound ANNUALLY and the Simple interest paid over t = 10 years, Act) compound annually - A(t) simple

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22. Find the different amount between the Compound ANNUALLY and the Simple interest paid over t = 10 years, Act) compound annually - A(t) simple 1 = A) $581,323 B) $490,585 C) $604,772 D) $320,320 In Problems 21 through 23, given an accumulation functions for Simple interest: (1) = (1+it), for Compound interest:az(t) = (1 +mt, where 1 2 0 in years. Given Principal P =$100,000, at annual interest rate i = 25% for both models. (9)

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