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If you made a 18000 deposit in each bank how much more

First Simple Bank pays 8 percent simple interest on its savings account balances, whereas First Complex Bank pays 8 percent interest compounded annually.

If you made a $18,000 deposit in each bank, how much more money would you earn from your First Complex Bank account at the end of 12 years.

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Finance Basics: If you made a 18000 deposit in each bank how much more

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