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Interest-on-Interest Consider a $3,500 deposit earning 6 percent interest per year for 5 years. How much total interest is earned on the original deposit (excluding

Interest-on-Interest Consider a $3,500 deposit earning 6 percent interest per year for 5 years. How much total interest is earned on the original deposit (excluding interest earned on interest)?

$105.00

$1,050.00

$1,183.00

$133.00

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