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John has two options for investing her $10,000 in savings: Bank 1 offers a Certificate of Deposit with a 9.82% interest rate compounded annually. Bank

John has two options for investing her $10,000 in savings:

Bank 1 offers a Certificate of Deposit with a 9.82% interest rate compounded annually.

Bank 2 also offers a Certificate of Deposit with a 9.82% interest rate, but the compounded monthly.

At over 15 years, how much more interest will John earn at Bank 2 than at Bank 1? Enter your answer rounded to the nearest dollar, without the "$".

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