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  • 19-04-2024
  • Mathematics
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A principle amount of 15,000 is placed in a saving account with an APR of 2.77% simple interest for 8 years. The same principal amount is placed in a saving account with an APR of 3.11% compounded continuously for 5 years. How much interest is earned in the simple interest account? SHOW ALL OF YOUR WORK!

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