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Company 'A' Is considering investing $5,400 at an interest rate of 8% compounded annually for five years and Company 'B' is investing the $5,400 at

Company 'A' Is considering investing $5,400 at an interest rate of 8% compounded annually for five years and Company 'B' is investing the $5,400 at 9% per year simple interest for five years. What will be the difference in the two companies*

7balances after five years

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