1)Harrison invests $10,000 in an account that pays 5% simple interest. How much more could he have earned over a 7-year

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answerhappygod
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1)Harrison invests $10,000 in an account that pays 5% simple interest. How much more could he have earned over a 7-year

Post by answerhappygod »

1)Harrison invests $10,000 in an account that pays 5% simple
interest. How much more could he have earned over a 7-year period
if the interest had compounded annually? Which one is likely to be
used by the financial institutions such as banks more commonly in
Canada?
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