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Assume you invest $ 1 0 0 0 in two different accounts: one which pays simple interest at 5 . 5 % per year and

Assume you invest $1000 in two different accounts: one which pays simple interest at 5.5% per year and another which pays 5.5% but compounds yearly. You keep the $1000 in each account for 10 years. Which account has more money at the end of the 10 years and how much more does it have?
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