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... ou plan to invest it for 5 years. A cooperative group offers 2% simple interest rate per year. A bank offers 2% compounded annually. Which will you choose and why?

Jeff stood in the center while Ms. Lovella stood beside the board, watching his actions.

The room was quiet, except for the soft hum of the fan.

He scratched his head and mumbled, "Alright, I need to compare both, so I’ll start with the simple one."

He then grabbed a piece of chalk and began answering t ...

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