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11 Peter D has deposited $2,500 today in an account paying 6 percent interest annually. What would be the simple interest earned on his investment

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Peter D has deposited $2,500 today in an account paying 6 percent interest annually. What would be the simple interest earned on his investment in five years? If the account pays compound interest annually, what will be the interest on interest in five years? $150; $95.56 $150; $845.56 $750; $95.56 $95.56; $845.56

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