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If Jaques deposists $1000 in a savings account at 10% simple annual interest, how much more will he earn than if he had deposited it in an account that pays 8 percent annueal interest compounded semiannually?
HBS: Reimagining Capitalism: Business and Big Problems : Growing income inequality, poor or declining educational systems, unequal access to affordable health care and the fear of continuing economic distress...