Today,Stacy is investing $26,000 at 6.0 percent,compounded annually,for 4 years.How much additional income could he earn if he had invested this amount at 7 percent,compounded annually?
A) $1,043.11
B) $1,256.30
C) $1,401.16
D) $1,442.79
E) $1,484.08
Correct Answer:
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