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nterest-on-Interest Consider a $1,100 deposit earning 8 percent interest per year for 5 years. How much total interest is earned on interest (excluding interest earned

nterest-on-Interest Consider a $1,100 deposit earning 8 percent interest per year for 5 years. How much total interest is earned on interest (excluding interest earned on the original deposit)?

$44.00

$516.26

$76.26

$440.00

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