Consider a $3,000 deposit earning 9 percent interest per year for four years. What is the...
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Consider a $3,000 deposit earning 9 percent interest per year for four years. What is the future value? How much total interest is earned on the original deposit? How much is interest earned on interest? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Future value Total interest earned Interest earned on interest Consider a $3,000 deposit earning 9 percent interest per year for four years. What is the future value? How much total interest is earned on the original deposit? How much is interest earned on interest? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Future value Total interest earned Interest earned on interest
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