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Assume you will make a one-time investment of $25,000 at the interest of 12% for three years, and that you can choose to reinvest your

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Assume you will make a one-time investment of $25,000 at the interest of 12% for three years, and that you can choose to reinvest your earnings from the investment or not. What is the difference between simple and compound interest rate in this case? Assume the interest rate will compound annually. $1,123.20 $1.531.32 $925.24 $1,315.24

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