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Mathematics, 25.10.2020 23:20, bananaslada
Suppose you invest $1000 in a savings account that pays an APR of 6%. If the account pays simple interest, what is the balance in the account after 20 years? (Round your answer to the nearest cent.) If interest is compounded monthly, what is the balance in the account after 20 years? (Round your answer to the nearest cent.)
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