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[gname) plans to invest $2,300 today. Assume an annual interest rate of 7%, how much more interest will she receive in the 8th year with

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[gname) plans to invest $2,300 today. Assume an annual interest rate of 7%, how much more interest will she receive in the 8th year with compound Interest comparing with simply interest? Multiple Choice $114.69 $110.38 0 $111.20 $16100 Multiple Choice $114.69 $110.38 $111.20 $161.00 $97.53

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