You can earn $58 in interest on a $1,000 deposit for 8 months. If the EAR is the same regardless of the length of the investment, how much interest will you earn on a $1,000 deposit for a. 1 months. b. 1 year c. 16 years. a. 7-months For a 7-month, $1,000 deposit you will earn $ (Round to the nearest cent) b. 1-year For a 1-year, $1,000 deposit you will earn $ (Round to the nearest cent) c. 16-years For a 16-years, $1,000 deposit you will earn $ (Round to the nearest cent)