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Imagine that you have $15,000 to invest for 9 years. How much more interest will you earn if you choose an account that pays 7%

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Imagine that you have $15,000 to invest for 9 years. How much more interest will you earn if you choose an account that pays 7% compounded annually (1) instead of an account that pays a simple interest rate of 7% per annum? Round you answer to 2 decimal places

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