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OpenStudy (anonymous):
4. City Bank offers 4% simple interest on deposits. County Bank offers 3% interest compounded annually. Derek deposits $5000 in City Bank and Lupe deposits $5000 in County Bank. What is the difference in final balances for Derek and Lupe at the end of 6 years? A. $229.74 B. $300.00 C. $356.33 D. $426.60
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OpenStudy (anonymous):
B.
OpenStudy (anonymous):
thats wrong
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