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Mathematics, 18.11.2020 18:30 csciahetano

Clara deposits 1250 into each of the two savings accounts accounts. Account 1 earns 2% annual simple interest. Account 2 earns 2% interest compounded annually. Clara does not make any additional deposits or withdrawals. What is the sum of the balances of Account 1 and Account 2 at the end of 4 years?

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