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Consider a $1,800 deposit earning 8 percent interest per year for five years. What is the future value? (Do not round intermediate calculations. Round your
Consider a $1,800 deposit earning 8 percent interest per year for five years.
What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
How much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
How much is interest earned on interest? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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