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First City Bank pays 3.8 percent simple interest on its savings account balances, whereas Second City Bank pays 9 percent interest compounded annually. If you

First City Bank pays 3.8 percent simple interest on its savings account balances, whereas Second City Bank pays 9 percent interest compounded annually. If you made a $307 deposit in each bank, how much more would the Second City Bank account be worth than the First City Bank account at the end of 7 years? (Round time value factors to 6 decimal places and final answer to the nearest dollar amount.

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