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Mathematics, 23.03.2020 23:26 Perdikaris

Martha invested $4000 into an account earning
compound interest for 54 months. Fernando
invested the same amount into an account
earning simple interest for the same length of
time. If both accounts paid at a rate of 3.5%, who
earned the most in interest, and how much more
did he/she earn?

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Answers: 2

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Martha invested $4000 into an account earning
compound interest for 54 months. Fernando
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