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How much more could he have earned

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Question - Bob invested $10,000 in an account that pays 6 percent simple interest. How much MORE could he have earned over a 9-year period if the interest had compounded annually?

A. $983.58

B. $1,382.68

C. $621.41

D. $1,102.16

E. $1,494.79

Reference no: EM132945275

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