Interest-on-interest consider a 2000 deposit earning 6
Interest-on-Interest Consider a $2,000 deposit earning 6 percent interest per year for 5 years. How much total interest is earned on the original deposit (excluding interest earned on interest)?
$60.00
$676.45
$600.00
$76.45
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1 summarize the concept of investing in stocks include a definition of what kind of investment the purchase of a stock
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