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John and susan just opened savings accounts at teo different banks. they each deposited 1000$. John's bank pays simple interest at annual rate of 10%,

  • John and susan just opened savings accounts at teo different banks. they each deposited 1000$. John's bank pays simple interest at annual rate of 10%, whereas Susan's bank pays compound interest at annual rate 9.5%. no interest will be taken out of the accounts fir a period of three years. at the end of three years, whose balance will be greater and by how much( to the nearest dollar)

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