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You invest 1,000 in one account and 4,000 in another, both accounts have the same interest rate over the same amount of time. How will the interest earned compare?

1 Answer

6 votes

Answer:

the $4000 WILL EARN 4 TIMES THE AMOUNT OF INTEREST.

Explanation:

If both investments have same interest they will grow in the same proportion that the initial amount have.

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