Mathematics, 14.12.2020 21:30 SLEEPSRIZK69

How much more interest is earned on an investment of $12,585 at 3.5% interest over 5 years if the interest is compounded annually rather than earning simple interest? a. They are the same. b. $159.65 c. $2,362.03 d. $12,744.65

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How much more interest is earned on an investment of $12,585 at 3.5% interest over 5 years if the in...

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