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Michelle Walker deposited $4,400 today in an account paying 7 percent interest annually. (Round intermediate caiculations to 8 decimal places, e.s. 2.51251245.) What would be

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Michelle Walker deposited $4,400 today in an account paying 7 percent interest annually. (Round intermediate caiculations to 8 decimal places, e.s. 2.51251245.) What would be the simple interest earned on this investment in 5 years? (Round final answer to 0 decimal place, e.g. 150. ) Simple interest on investment $ With annual compounding, how much interest on interest would Michelle earn in 5 years? (Round final answer to 2 decimal places. e.3. 15.25.1 Interest-on-interest $

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