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scott has $4800 that he wants to invest for 3 years. He can invest this amount at his credit union and earn 4 percent simple
scott has $4800 that he wants to invest for 3 years. He can invest this amount at his credit union and earn 4 percent simple interest. Or, he can open an account at Trust Bank and earn 3.65 percent interest, compounded annually. If he decides to invest at Trust Bank for 3 years, he will
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