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Interest-on-Interest Consider a $2,500 deposit earning 7 percent interest per year for 4 years. How much total interest is earned on interest (excluding interest earned

Interest-on-Interest Consider a $2,500 deposit earning 7 percent interest per year for 4 years. How much total interest is earned on interest (excluding interest earned on the original deposit)?

A. $76.99

B. $700.00

C. $776.99

D. $70.00

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