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Today, Susan is investing $18,000 at 6.72 percent, compounded annually, for 6 years. How much additional interest could she earn if she had invested this
Today, Susan is investing $18,000 at 6.72 percent, compounded annually, for 6 years. How much additional interest could she earn if she had invested this amount at 7.15 percent, compounded annually?
a.
$43.11
b.
$442.79
c.
$649.38
d.
$484.08
e.
$506.06
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