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Chip and Dale are each investing $62,600 today. Chip will earn 5.6% interest compounded annually, while Dale will earn 5.6% simple interest. Chip will have

Chip and Dale are each investing $62,600 today. Chip will earn 5.6% interest compounded annually, while Dale will earn 5.6% simple interest. Chip will have more than Dale after six years. A $2,076 B $2,582 C $2,962 D $3,174

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