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Briefly discuss the difference between simple and compoundinterest. You wantto invest$100,000 todayfor the next 5 years. If Bank A offer you 7%simple interest, while bank
Briefly discuss the difference between simple and compoundinterest. You wantto invest$100,000 todayfor the next 5 years. If Bank A offer you 7%simple interest, while bank B offer you 5% compound in 1 answer
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