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Provide an appropriate response. Find the amount by which the interest compounded annually is larger than the simple interest. Round to the nearest cent. Principal:5670

Provide an appropriate response. Find the amount by which the interest compounded annually is larger than the simple interest. Round to the nearest cent. Principal:5670 Rate: 3% Years: 13 A) $52.62 B) $44.06 C) $722.62 D) $461.32

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