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14 January, 11:19

Katie invests $5,000 in an account earning 4% interest, compounded annually for 5 years. Two years after Katie's initial investment, Emily invests $10,000 in an account earning 4% interest, compounded annually for 3 years. Given that no additional deposits are made, compare the amount of interest earned after the interest period ends for each account. (round to the nearest dollar)

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  1. 14 January, 13:29
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    Your doing great, I'm pretty sure that's the correct answer
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