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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

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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 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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