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Main Street Bank pays 4 . 6 5 percent simple interest on its savings account balances. The Best Street Bank pays 4 . 6 5

Main Street Bank pays 4.65 percent simple interest on its savings account balances. The Best Street Bank pays 4.65 percent interest compounded annually. If you deposit $6,500 in each bank, how much in interest would you have earned from each bank at the end of 8 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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