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First City Bank pays 5.8% simple interest on its savings account balances, whereas Second City Bank pays 5.8% interest compounded annually. If you made a

First City Bank pays 5.8% simple interest on its savings account balances, whereas Second City Bank pays 5.8% interest compounded annually. If you made a deposit of $10,300 in each bank, how much more money would you earn from your Second City Bank account at the end of 10 years?

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