Jack invested $10,000 at 10% compounded annually for 35 years. Jill also invested $10,000 for 35 years

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Jack invested $10,000 at 10% compounded annually for 35 years. Jill also invested $10,000 for 35 years but her interest rate was 11% compounded annually. To the nearest dollar, how much MORE interest did Jill earn compared to Jack?

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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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Posted Date: Jan 17, 2021 08:27 PM

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Jack invested $10,000 at 10% compounded annually for 35 years. Jill also invested $10,000 for 35 years

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A P1 rnnt Jack First convert R as a percent to r as a decimal r R100 r 10100 r 01 rate pe... View the full answer

College Algebra Graphs and Models

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