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XYZ just deposited $3,700 in an account that will earn 6.1 percent per year in compound interest for 9 years. If Svetlana deposits $4,000 in

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XYZ just deposited $3,700 in an account that will earn 6.1 percent per year in compound interest for 9 years. If Svetlana deposits $4,000 in an account in 2 years that earns simple interest, then how much simple interest per year must Svetlana earn to have the same amount of money in 9 years from today as XYZ will have in 9 years from today? Ca. 8.23% (plus or minus .02 percentage points) b. 6,40% (plus or minus .02 percentage points) C 6.72% (plus or minus.02 percentage points) d.8.90% (plus or minus .02 percentage points) e. None of the above is within 02 percentage points of the correct

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