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Camille Noah is investing $10,000 in an account paying 4.8% APR for five years. What is the interest on interest if interest is compounded quarterly?

Camille Noah is investing $10,000 in an account paying 4.8% APR for five years. What is the interest on interest if interest is compounded quarterly? (Round to the nearest dollar.) Group of answer choices $2,400 $242 $294 $2,694

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