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You have $400 in an account which pays 4.8% compounded annually. How many additional dollars of interest would you earn over 9 years if you

You have

$400 in an account which pays 4.8%

compounded annually. How many additional dollars of interest would you earn over

9 years if you moved the money to an account earning

6.3%?

How many additional dollars of interest would you earn over 9

years from the account that pays 6.3%?

(Round to the nearest cent.)

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