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interest on interest consider a $3000 deposit earning 6% interest per year for five years. How much total interest is earned on the original deposit?
interest on interest
consider a $3000 deposit earning 6% interest per year for five years. How much total interest is earned on the original deposit? Excluding interest earned on interest
a.1014.00
b. 900.00
c.114.00
d. 90.00
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Introduction To Financial Management
Authors: Sudanshu Pandeya
1st Edition
1774695316, 978-1774695319
