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By definition, a bank that pays simple interest on a savings account will pay interest: A. only on the principal amount originally invested. B. on
By definition, a bank that pays simple interest on a savings account will pay interest:
A. | only on the principal amount originally invested.
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B. | on interest.
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C. | on both the principal amount and the reinvested interest. | |
D. | only at the beginning of the investment period.
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