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Help Save & Exit S You can invest in an account that pays simple interest...

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Help Save & Exit S You can invest in an account that pays simple interest of an account that pays compound interest. In either case, you plan to invest $2,300 today and both accounts have an annual interest rate of 7 percent. How much more interest will you receive in the 8th year in the account that pays compound interest? Multiple Choice $20 516100 $1440 $975

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