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Interest-on-Interest Consider a $3,900 deposit earning 10 percent interest per year for 9 years. How much total interest is earned on the original deposit (excluding
Interest-on-Interest Consider a $3,900 deposit earning 10 percent interest per year for 9 years. How much total interest is earned on the original deposit (excluding interest earned on interest)?
$1,785.00
$5,295.00
$351.00
$3,510.00
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