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An investor invested $ 5 0 0 two years ago at 7 percent interest. The first year, the investor earned $ 3 5 in interest,

An investor invested $500 two years ago at 7percent interest. The first year, the investor earned $35 in interest, which they left in the account. The second year, the investor earned $37.45 in interest. The extra $2.45 they earned in interest the second year is referred to as:Free interest bonus income simple interest interest on

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