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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

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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 made a deposit of $14,000 in each bank, how much more money would you earn from your Second City Bank account at the end of 12 years? (Do not round Intermedia answer to 2 declmal places, e.g 32.16) Difference

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