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Mathematics, 25.03.2021 17:20 sanchez7489
Mr. Roland invests $9500.00 in a bank for 3 years and receives simple interest at 7.5% per annum. If he invests the money in bonds for the same period, he will receive compound interest. Calculate the difference in interest received in both cases and state which investment is better.
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Mr. Roland invests $9500.00 in a bank for 3 years and receives simple interest at 7.5% per annum. If...
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