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You invest $100 today and receive 10% interest compounded annually for 17 years. You also invest $100 today in another investment that pays 10% annual
You invest $100 today and receive 10% interest compounded annually for 17 years. You also invest $100 today in another investment that pays 10% annual interest that is not compounded (simple interest). After 17 years, what is the difference in the interest earned?
QUESTION 16 You invest $100 today that is not compounded O A.$505 B.$370 C.$890 O D.$0 O E.$235 QUESTION You Step by Step Solution
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