If you invested $1000 for 5 years and your return was 12%, how much interest on interest

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If you invested $1000 for 5 years and your return was 12%, how much interest on interest did you earn?

Posted Date: May 13, 2024 06:03 AM

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If you invested $1000 for 5 years and your return was 12%, how much interest on interest

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To calculate the interest on interest we need to determine the compound interest earned on the initi... View the full answer

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