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| rev | Admin | (Created page with "Max and Tyler both make deposits of $30,000. Max’s bank credits his deposit with a simple interest rate of 10% annually. Tyler’s bank credits him with an annual compounded interest rate of 6%. At time t the forces of interest are equal. Determine which person’s bank account has more money and by how much. <ul class="mw-excansopts"><li>Max: $5,532.52</li><li>Tyler: $7.44</li><li>Max: $5,946.14</li><li>Tyler: $16,444.87</li><li>Insufficient information to solve</l...") | Nov 22'23 at 0:06 | +746 |