Alpha Bank pays interest of 4 percent compoundedannually. Beta Bank pays 4 percent simple interest. Whichone of the following statements is true if you invest $1,000 in each bank forfive years?
Alpha Bank pays interest of 4 percent compoundedannually. Beta Bank pays 4 percent simple interest. Whichone of the following statements is true if you invest $1,000 in each bank forfive years?
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