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You have $17000 today in your savings account which pays interest at 2% p.a. effective. Which of the following gives the interest on interest you

You have $17000 today in your savings account which pays interest at 2% p.a. effective. Which of the following gives the interest on interest you earn over the next 9 years? (There may be more than one correct answer. You will lose mark by picking a wrong answer. The minimum mark for the question is zero.)

Select one or more:

a.

b.

c.

d.

e.

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You have $17000 today in your savings account which pays interest at 2% p.a. effective. Which of the following gives the interest on interest you earn over the next 9 years? (There may be more than one correct answer. You will lose mark by picking a wrong answer. The minimum mark for the question is zero.) Select one or more: a. 17000 . (1.02) - 17000 - 17000 = 0.029 b. 17000 + (1.02) - 17000 + (1 + 0.02 + 9) c. 17000 (1.02) d. 17000 - (1.02) - 17000 . 0.02.9 e. 17000 - (1.02) - 17000

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