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Over two years, how much more will a savings account with a simple interest rate of 4.2% yield in earnings than a savings account with a simple rate of 3.5% if the original bala…

Over two years, how much more will a savings account with a simple interest rate of 4.2% yield in earnings than a savings account with a simple rate of 3.5% if the original bala…
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Over two years, how much more will a savings account with a simple interest rate of 4.2% yield in earnings than a savings account with a simple rate of 3.5% if the original balance of both accounts is $2,200?

User Jibi Abraham
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1 Answer

3 votes
it would be $30.80 more
User Aen Tan
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8.3k points
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