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Solve the problem. Which of the following investments is larger after 10 years? A) An initial amount of S 9600 is deposited with S4800 deposited

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Solve the problem. Which of the following investments is larger after 10 years? A) An initial amount of S 9600 is deposited with S4800 deposited annually, with interest earned at 3% compounded annually An initial amount of S8000 is deposited with S400 deposited monthly, with interest earned at 3% compounded monthly

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