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Simple interest is the interest earned on: a. the original principal amount involved. b. the reinvested interest from prior periods. c. both the original principal

Simple interest is the interest earned on: a. the original principal amount involved. b. the reinvested interest from prior periods. c. both the original principal and the reinvested interest from prior periods. d. the prior balance which includes both the interest and the principal amounts. e. the accumulated value of an investment including all interest earned to date.

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