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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?
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? \begin{tabular}{|} $300.00 \\ $331.00 \\ $31.00 \\ $1,331.00 \\ $333.00 \end{tabular}
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