myballz myballz

15-12-2021
Mathematics

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George wants to invest $3,250. American Bank offers a simple interest rate of 1.5%, while Liberty Savings offers an interest rate of 1.25% compounded annually. How much more in interest will George earn after 8 years if he invests with Liberty Savings rather than American Bank?

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tricksgaming01 tricksgaming01

15-12-2021

Answer:

$4,363.03

Step-by-step explanation:

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