Question: Using the compound interest formula you learned in this module, compare 5% vs 7% compounded annually on the amount (A) over 50 years using principal
Using the compound interest formula you learned in this module, compare 5% vs 7% compounded annually on the amount (A) over 50 years using principal (P) = $10,000. Then, calculate the difference in the two amounts (A) for the same principal over 10 years. What can you conclude from your analysis?
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