Jennifer invested $2,000 in an account that pays 3% simple interest. How much more could she have earned over a six-year period if the interest had compounded annually?
A) $28.10
B) $29.18
C) $31.50
D) $33.33
E) $34.67

Question

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The Answer of Jennifer invested $2,000 in an account that pays 3% simple interest. How much more could she have earned over a six-year period if the interest had compounded annually?
A) $28.10
B) $29.18
C) $31.50
D) $33.33
E) $34.67

Jennifer Invested $2,000 in an Account That Pays 3% Simple