First City Bank pays 7 percent simple interest on its savings account balances, whereas Second City Bank pays 7 percent interest compounded annually.<\/p>
<\/span><\/p> If you made a $64,000 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years?<\/p>",
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"title": "Financial Accounting An Introduction to Concepts, Methods and Uses",
"isbn": "978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023",
"edition": "14th edition",
"authors": "Roman L. Weil, Katherine Schipper, Jennifer Francis",
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"question_posted": "2024-06-09 14:38:00",
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