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Stels [109]
3 years ago
5

How much more money is earned on a $2,500 investment at 2% annual compound interest for 5 years than a $2,500 investment at 2% s

imple annual interest for 5 years?
Mathematics
1 answer:
fgiga [73]3 years ago
5 0

simple: 2500(1+0.02)^5
$2760.20
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