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Question 3 You have $2419 in an account that pays 4 0% APR with annual compounding How many additional dollars of interest would you eam

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Question 3 You have $2419 in an account that pays 4 0% APR with annual compounding How many additional dollars of interest would you eam over a 7 year period if you had instead investment your money in an account with 9.6% APR? Assume no additional deposits or withdrawals are made HINT compare the future value of the two accounts Enter your answer as a number with 2 decimal places of precision (ie,123) Do not use commas or the dollar sign. Do not enter you answer as a negative number

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