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What is the difference between $10,000 invested for ten years at 3% interest, compounded yearly, at 8% interest, compounded semi-annually and at 12% interest, compounded
What is the difference between $10,000 invested for ten years at 3% interest, compounded yearly, at 8% interest, compounded semi-annually and at 12% interest, compounded quarterly? (Calculate and compare.)
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