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You deposit $ 1 , 0 0 0 in a bank account that pays 1 0 % interest, compounded annually, for three years. What is

You deposit $ 1,000 in a bank account that pays 10% interest, compounded annually, for three years. What is the amount of the interest on interest? $ 300.00
$ 331.00
$ 31.00
$ 1,331.00
$ 333.00

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