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Suppose you invest $1000 in an account paying 15% interest per year. After 24 years, how much of this balance corresponds to interest on interest?

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Suppose you invest $1000 in an account paying 15% interest per year. After 24 years, how much of this balance corresponds to "interest on interest"? $24,025.18 $2,134.59 $7923.09 $21,961.92

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