Question: Hello, can someone please help me with the following question? You have $480 in an account which pays 4.4% compounded annually. How many additional dollars
Hello, can someone please help me with the following question?
You have $480 in an account which pays 4.4% compounded annually. How many additional dollars of interest would you earn over 4 years if you moved the money to an account earning 6.8%? How many additional dollars of interest would you earn over 4 years from the account that pays 6.8%?
Thanks!
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