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First City Bank pays 6 percent simp e interest on its savings account balances, whereas Second City Bank pa s 6 er en interest compounded

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First City Bank pays 6 percent simp e interest on its savings account balances, whereas Second City Bank pa s 6 er en interest compounded annual . If you made a deposit of $15,000 in each bank, how much more money would you earn from your Second City Bank account at the end of 8 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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