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13 November, 04:44

Brian invests $10,000 in an account earning 4% interest, compounded annually for 10 years. Five years after Brian's initial investment, Chris invests $10,000 in an account earning 7% interest, compounded annually for 5 years. Given that no additional deposits are made, compare the balances of the two accounts after the interest period ends for each account. (round to the nearest dollar)

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  1. 13 November, 04:52
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    Brian will get 40,000 then Chris will get 70,000
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