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A renter is required to pay a security deposit of $1000, on which 4.80 percent interest will be paid What amount would the person earn

A renter is required to pay a security deposit of $1000, on which 4.80 percent interest will be paid What amount would the person earn each year? Multiple Choice $24.00 $96.00 O $48.00 O $9.60 Multiple Choice o $24.00 O $96.00 $48.00 $9.60 $4.80

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