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Jamie earned $14 in interest on her savings account last year. She has decided to leave the $14 in her account so that she can

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Jamie earned $14 in interest on her savings account last year. She has decided to leave the $14 in her account so that she can earn interest on the $14 this year. The interest earned on last years interest earnings is called: A. simple interest. B. complex interest. C. accrued interest. D. interest on interest. E. discounted interest. Lucas expects to receive a sales bonus of $7, 500 one year from now. The process of determining how much that bonus is worth today is called: A. aggregating. B. discounting. C. simplifying. D. compounding. E. extrapolating

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