Home / Questions / Interest-on-Interest Consider a $3,300 deposit earning 9 percent interest per year for 8 y
Interest-on-Interest Consider a $3,300 deposit earning 9 percent interest per year for 8 years. How much total interest is earned on the original deposit (excluding interest earned on interest)?
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A) $899.00
B) $3,275.00
C) $237.60
D) $2,376.00
Dec 04 2019 Read more Less More
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