Mathematics, 20.07.2020 02:01 ltay92

You are given a choice of taking the simple interest on $100,000 invested for 2 years at a rate of 3% or the interest on $100,000 invested for 2 years at an interest rate of 3% compounded quarterly Which investment as the greater amount of interest? Give the difference between the amounts of interest earned by the two investments

the investment with simple? or compound?
interest earns $___ more in interest.

(Round to the nearest cant as needed.)

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You are given a choice of taking the simple interest on $100,000 invested for 2 years at a rate of 3...