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You invested $5,000 in an account that pays 8 percent simple interest. How much more could you have earned over a 40-year period if the

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You invested $5,000 in an account that pays 8 percent simple interest. How much more could you have earned over a 40-year period if the interest had compounded annually? Select one: a. $95,000 b. $25,815 c. $ 16,000 d. $87,623 e. $92,315

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