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What is the future value of $10,000 on deposit for 5 years at 6% simple interest? Under which of the following conditions will a future

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What is the future value of $10,000 on deposit for 5 years at 6% simple interest? Under which of the following conditions will a future value calculated with simple interest exceed a future value calculated with compound interest at the same rate? How much interest is earned in just the third year on a $1,000 deposit that earns 7% interest compounded annually

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