Haley invests $16,820 in a nine-year CD bearing 5.8% interest, and $21,950 in an online savings account giving 3.0% interest. When the CD reaches maturity, how much more interest will it have generated than the savings account?
a.
$5,129.72
b.
$3,650.32
c.
$2,853.54
d.
$2,276.46
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