Mathematics
Mathematics, 21.06.2021 17:00, rileysndr1782

Kevin and his brother, Caleb, each inherit $11,000 that they use to open new individual savings accounts. Kevin's account earns 3.2% annual compound interest. Caleb's account earns 5.1% simple interest. Assuming neither makes any additional deposits or withdrawals, how much more will Kevin's account be worth than Caleb's account after 35 years? Round all final answers to the nearest whole number.

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Answers: 3

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