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South central bank pays 2.5 percent interest, compounded annually, on its savings accounts. northern bank pays 2.5 percent simple interest on its savings accounts. you want to deposit sufficient funds today so that you will have $1,500 in your account 2 years from today. the amount you must deposit today:

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madisonfrancisozd5lb madisonfrancisozd5lb

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Will be greater if you invest in the Northern Bank

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