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Ben invested $10,000 five years ago with an insurance company that has paid him 8 percent simple interest on his funds. Charles invested $10,000 five

Ben invested $10,000 five years ago with an insurance company that has paid him 8 percent simple interest on his funds. Charles invested $10,000 five years ago in a fund that has paid him 8 percent interest, compounded annually. How much more interest has Charles earned than Ben over the past five years?

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