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Maria invests her $150 for 2 years at 4% per year compound interest.
A) Calculate the exact amount Maria has at the end of 2 years.
Maria continues to invest her money at 4% per year compound interest.
After 20 years she has $328.67.
i) Calculate exactly how much more this is than $150 invested for 20 years at
simple interest.
(ii) Calculate $328.67 as a percentage of $150.
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