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imagine that you have $13,00 to invest for 13 years. how much more interest will you earn if you choose an account that pays 7%

imagine that you have $13,00 to invest for 13 years. how much more interest will you earn if you choose an account that pays 7% compounded annually (j1) instead of an account that pays a simple interest rate of 7% per annum?

round your answer to 2 decimal places.

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