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Mathematics, 08.04.2021 20:50 jeffffffff

Erin deposits $1500 into an account that pays an interest rate of 4% compounded annually. Rachel deposits $1500 into an account that pays a simple annual interest rate of 4%. Compare the balances of the two accounts after 5 years. Who earns more money in interest?

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Erin deposits $1500 into an account that pays an interest rate of 4% compounded annually. Rachel dep...
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