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MC algo 4-3 Simple Vs. Compound Interest You can invest in an account that pays simple interest or an account that pays compound interest. In

MC algo 4-3 Simple Vs. Compound Interest You can invest in an account that pays simple interest or an account that pays compound interest. In either case, you plan to invest $2,500 today and both accounts have an annual interest rate of 9 percent. How much more interest will you receive in the 7th year in the account that pays compound interest

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