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Jeff is planning to make an investment of $ 2 5 0 0 for a period of five years. Explain which of the following two
Jeff is planning to make an investment of $ for a period of five years. Explain which of the following two options will earn Jeff more interest and by how much? Option A: earning a simple interest rate of per annum. Option B: earning a compound interest rate of per annum compounded annually.
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