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First City Bank pays 7 . 2 percent simple interest on its savings account balances, whereas Second City Bank pays 7 . 2 percent interest

First City Bank pays 7.2 percent simple interest on its savings account balances, whereas Second City Bank pays 7.2 percent interest compounded annually. If you made a deposit of $7,300 in each bank, how much more money would you earn from your Second City Bank account at the end of eight years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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