Business, 02.10.2020 20:01 jdodger5165

Sam invests $9,400 in a fund yielding 5.2% simple interest annually. At the same time, Pat shops around for a better interest rate and invests $9,400 in a fund yielding 6.0% simple interest annually. After seven years, how much more interest has Pat’s fund earned than Sam’s fund?

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Sam invests $9,400 in a fund yielding 5.2% simple interest annually. At the same time, Pat shops aro...

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