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Question 19 of 36 (1 point) I Question Attempt 1 of 1 Jenny deposits $20,000 into an account that pays simple interest at a rate

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Question 19 of 36 (1 point) I Question Attempt 1 of 1 Jenny deposits $20,000 into an account that pays simple interest at a rate of 2% per year. Frank deposits $20,000 into an account that also pays 2% interest per year. But it is compounded annually. Find the interest Jenny and Frank earn during each of the first three years. Then decide who earns more interest for each year. Assume there are no withdrawals and no additional deposits. Interest Jenny earns Interest Frank earns Who earns more interest? (Simple Interest) (Interest compounded annually) 0 Jenny earns more. 0 Frank earns more. 0 They earn the same amount. 0 Jenny earns more. 3|] 5'] 0 Frank earns more. 0 They earn the same amount. 0 Jenny earns more. i 1 Third L 3U 35!] 0 Frank earns more. 0 They earn the same amount

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