True/False
The I.C. James Co. invested $10,000 six years ago at 5% simple interest. The I.M. Smart Co. invested $10,000 six years ago at 5% interest which is compounded annually. The I.C. James Co. will have an account value of $13,400.96 six years from now.
Correct Answer:
Verified
Correct Answer:
Verified
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