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QUESTION 32 Which of the following is a current asset? O a. inventory b. equipment. c. land. d.patent. e. building QUESTION 33 Today, you deposit $3,400 in a bank account which pays 4.5 percent simple interest. How much interest will you earn over the next 5 years? a. $709.17 b. $765.00 c. $788.00 d. $821.44 e. $837.02 QUESTION 34 The Back Row Co. invested $125,000 at 8 percent compounded annually for 3 years. How much interest on interest did the company earn over this period of time? a. $0 b. $800 c. $1,232 d. $2,400 e. $2,464