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You have $56,000 in an account which pays 2.4% compounded annually. How many additional dollars of interest would you have earned over 7 years if

You have $56,000 in an account which pays 2.4% compounded annually. How many additional dollars of interest would you have earned over 7 years if you had instead invested in an account earning 3.7% compounded quarterly? Round to the nearest dollar.

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