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Consider a $4,628.51 deposit earning 5.56 percent interest per year for 9 years. What is the difference between the total (simple) interest is earned on
Consider a $4,628.51 deposit earning 5.56 percent interest per year for 9 years. What is the difference between the total (simple) interest is earned on the original deposit and the total compounded interest? (answer with a positive number)
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