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tion 1 One year ago, XZY deposited $670 in an account that has earned and will earn 5.40 percent per year in compound interest. If

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tion 1 One year ago, XZY deposited $670 in an account that has earned and will earn 5.40 percent per year in compound interest. If CAB deposits $750 in an account in 2 ears from today that earns simple interest then how much simple interest per year must CAB earn to have the same amount of money in 10 years from today as X will have in 10 years from today? Answer as an annual rate. O 6.39% (plus or minus .05 percentage points) 8.76% (plus or minus .05 percentage points) 5.12% (plus or minus 05 percentage points) O 741% (plus or minus .05 percentage points) None of the above is within 05 percentage points of the correct

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