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Second Union Bank pays 6.1 percent simple interest on its savings account balances, whereas Third Street Bank pays the same percent compounded annually. If you

Second Union Bank pays 6.1 percent simple interest on its savings account balances, whereas Third Street Bank pays the same percent compounded annually. If you made a $18,000 deposit in each bank, how much more money would you earn from your Third Street Bank account at the end of 12 years? Do not use $. Use two decimals or your answer will be marked wrong

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