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The simple interest rate of 9.99% on $1 is Blank per year and Blank total interest over 93 years. Conversely, 9.99% compounded annually for 93

The simple interest rate of 9.99% on $1 is Blank______ per year and Blank______ total interest over 93 years. Conversely, 9.99% compounded annually for 93 years is approximately $7,030.31 93 cents; 92.90 dollars $1.09; 99.99 cents 9.99 cents; $9.29 9.99 dollars; $99.94

93 cents; 92.90 dollars

$1.09; 99.99 cents

9.99 cents; $9.29

9.99 dollars; $99.94

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