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Question 3 Second Union Bank pays 5 percent simple interest on its savings account balances, whereas Third Street Bank pays 5 percent compounded annually. If

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Question 3 Second Union Bank pays 5 percent simple interest on its savings account balances, whereas Third Street Bank pays 5 percent compounded annually. If you made a 512,000 deposit in each bank, how much more money would you earn from your Third Street Bank account at the end of 15 years? Do not use S or commas. Use two decimals Blank 1

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