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GRE
GRE Quantitative Reasoning Section

Investment Comparison: Compounding Interest

Hard Arithmetic Fractions, Decimals, And Percents

Maria is exploring investment options and considers two different choices for her savings. The first option offers a return of 12% per annum, compounded annually, while the second offers a return of 10%, compounded quarterly. Maria plans to invest $5,000 in each option for 3 years. At the end of 3 years, how much more will her investment in the first option be compared to the second option?

Hint

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