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Flrst City Bank pays 7 percent simple Interest on lts savings account balances, whereas Second City Bank pays 7 percent Interest compounded annually If you
Flrst City Bank pays 7 percent simple Interest on lts savings account balances, whereas Second City Bank pays 7 percent Interest compounded annually If you made a $70,000 deposlt 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 Intermedlete calculetions and round your answer to 2 declmal places, e.g., 32.16.) Difference in sccounts
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