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Mathematics, 16.04.2020 00:11 pr47723

Suppose you invest $2,000 in a savings account that pays an APR of 6%. If the account pays simple interest, what is the balance in the account after 20 years? If the interest is compounded monthly, what is the balance in the account after 20 years?

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Suppose you invest $2,000 in a savings account that pays an APR of 6%. If the account pays simple in...
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