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Interest-on-Interest Consider a $2,100 deposit earning 8 percent interest per year for 5 y

Interest-on-Interest Consider a $2,100 deposit earning 8 percent interest per year for 5 y

Interest-on-Interest Consider a $2,100 deposit earning 8 percent interest per year for 5 years. How much total interest is earned on interest (excluding interest earned on the original deposit)?

$985.59

$145.59

$84.00

$840.00

Abhinav 04-Dec-2019

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