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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.

$2,076
$2,582
$2,962
$3,174

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