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First city bank pays 7 percent simple interest on its savings account balances, whereas second city bank pays 7 percent interest compounded annually. if you
First city bank pays 7 percent simple interest on its savings account balances, whereas second city bank pays 7 percent interest compounded annually. if you made 73,000 deposit in each bank, how much more money would you earn from your second city bank account at the end of 9 years? (Do not round intermediate calculations and round your answer to 2 decimal places,)
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