Multiple Choice
Jack invested $10,000 at 10% compounded annually for 35 years. Jill also invested $10,000 for 35 years but her interest rate was 11% compounded annually. How much MORE interest did Jill earn as compared to Jack?
A) $14,166
B) $55,632
C) $92,418
D) $104,724
E) $189,627
Correct Answer:
Verified
Correct Answer:
Verified
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