Ben invested 7500 twenty years ago with an insurance, Ask an Expert

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Ben invested $7,500 twenty years ago with an insurance company that has paid him 6 percent simple interest on his funds. Charles invested $7,500 twenty years ago in a fund that has paid him 6 percent interest, compounded annually. How much more interest has Charles earned than Ben over the past 20 years?

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Financial Management, Finance

Category:- Financial Management
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