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What is the difference in future value between investments that earn 8 . 2 % APR ( monthly compounded ) and 7 . 1 %
What is the difference in future value between investments that earn APR monthly compounded and APR monthly compounded over years, assuming I put $ in each account each month, and the interest is compounded monthly? Round your answer to the nearest thousand dollar.
Hint: Calculate the values of each investment, and subtract the larger from the smaller.
Question options:
$
$
$
$
$
none of these
$
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