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April 20, 2014

Homework Help: FInance

Posted by Lindsey on Thursday, February 14, 2013 at 10:08pm.

Assume that you have $10,000 which you plan to invest for 3 years. How much more would you have if you invested the funds at 10% with annual compound interest versus 10% with simple interest? No funds will be paid until the end of the 3rd year.

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