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Business, 11.03.2020 22:10 cfnewton09

Melanie invests $4,000 into an account offering 4% interest compounded annually. Gina invests $4,000 into a simple interest savings account offering a 4.5% interest rate. What is the dollar amount of the greater balance at the end of five years?

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Melanie invests $4,000 into an account offering 4% interest compounded annually. Gina invests $4,000...
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