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Susie has deposited $18,000 into an account that pays 3.7% interest per annum compounded annually, for exactly eight years. The amount of interest on interest

Susie has deposited $18,000 into an account that pays 3.7% interest per annum compounded annually, for exactly eight years. The amount of interest on interest that Susie will earn is

Select one:

a. $612.55

b. $797.01

c. $743.47

d. $688.21

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